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EURUSD Wave Analysis 8 January 2026


2026-01-09 10:24:28
(MENAFN- FxPro) EURUSD: ⬇️ Sell

– EURUSD broke daily up channel

– Likely to fall to support level 1.1600

EURUSD currency pair has been falling in the last few trading sessions inside the medium-term correction (2) – which started earlier from the resistance zone between the resistance level 1.1800.

The price earlier broke the support trendline of the daily up channel from November – which accelerated the active wave (2).

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Given the bullish US dollar sentiment seen today, EURUSD currency pair can be expected to fall to the next support level 1.1600.

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FxPro

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