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24.01.202214:45 Forex Analysis & Reviews: EUR/USD analysis for January 24, 2022 - Key pivot level at 1.1300 on the test

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Technical analysis:

EUR/USD has been trading downside today and the key support at the price of 1,1300 is on the test.

Trading recommendation:

Watch carefully for the price action around the key pivot at 1,1300 to confirm further direction.

Strong downside breakout of key support at 1,1300 can lead EUR towards 1,1275 and 1,1240

Strong rejection of the key support at 1,1300 can lead EUR back towards 1,1360

Additionally, there is the breakout of the rising trend line in the background.

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