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EUR/USD Forecast Today 24/01: Euro Stagnate (Chart)
(MENAFN- Daily Forex)
- In the early hours on Thursday, the euro did very little, as we continued to hang around the 1.04 level. The 1.04 level of course is an area that's been important multiple times in the past, and with that being said I think we've got a situation where the market is struggling with the 50 Day EMA, and while I don't necessarily think that's the“be all end all” of what causes markets the move, it is something worth paying attention to as technical traders will be paying close attention to it.

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