Evening review for EURUSD on 01/14/2020. Euro will have to choose a direction

Source: Forex Analysis

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On Tuesday, sellers are trying to increase the pressure on the euro. The course is gradually slipping.

So, consolidation in a narrow range continues.

A trend is beginning to form that will last until the end of January:

Or the EURUSD exchange rate will be able to overcome the mark of 1.120 up – and the movement “to the North” will begin”;

Or, on the contrary, the euro will not stay above 1.1100, will break the minimum of 1.1085 – and then probably fall from 1.0900.

So: we buy the euro for a breakthrough 1.1205.

Or: we sell euros from 1.1084.

The material has been provided by InstaForex Company – www.instaforex.com