The SELL Side Liquidity Pool will attract the EUR/USD For Jan 24, 2020

By | January 24, 2020
InstaForex
The SELL Side Liquidity Pool will attract the EUR/USD For Jan 24, 2020
analytics5e2aa00fcec55.jpg

Market participants mainly gave a negative response to the ECB meeting results and the regulator’s decision on the interest rate in particular. That is why the EUR/USD pair lost ground. It may try to test the daily sell-side liquidity pool at 1.1040 and the 4 hour chart sell-side liquidity pool at 1.1036. There is a probability that fiber will retrace to test the fair value gap, especially the main threshold at 1.1070. However, unless the pair does not edge higher and close above 1.1118, the sell-side liquidity pool can be tested.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Arief Makmur,
Analytical expert
InstaForex Group © 2007-2020

Benefit from analysts’ recommendations right now

Top up trading account

Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.