This is another great pair to keep as a long-term SELL for Q1 due to Seasonality.
Bears can enter this week right around 1.21785 and expect to TP at 1.20424. For more confluences, we drew a Fib on the Daily timeframe to see where price landed previously. And as you can see, entry levels and take profit zones are quite close to where we are projecting for this month. However, if you feel you missed out on some SELL orders on EURUSD for the month of January, you still have February and March for some new Bearish opportunities.
Bears can enter this week right around 1.21785 and expect to TP at 1.20424. For more confluences, we drew a Fib on the Daily timeframe to see where price landed previously. And as you can see, entry levels and take profit zones are quite close to where we are projecting for this month. However, if you feel you missed out on some SELL orders on EURUSD for the month of January, you still have February and March for some new Bearish opportunities.