Market sessions
EURUSD: breakout of the trend line
On Tuesday the 22nd of January, trading on the EURUSD pair closed slightly down. During the US session, the bulls managed to recover all their losses and hit a new intraday session high. The euro rose from 1.1336 to 1.1374 before closing at 1.1352.
Market sessions
EURUSD: bulls trying to defend 1.1350
On Monday the 21st of January, trading on the EURUSD pair closed slightly up. The pair slid to 1.1357 during the European session, before partially recovering the day’s losses in the US session on account of the country’s national holiday. The bears have been dominating the market since breaking through 1.1514 on the 11th of January. Over the last few days, the bulls have failed to make their presence known during the rebounds.
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