FX.co ★ Evening review for EURUSD for 01/21/2020

EURUSD: Market sentiment is starting to turn towards the euro from the US dollar.

There is no important news. The market is waiting for ECB decisions and statements on Thursday, January 23.

No one expects an ECB rate increase, but just one word from the ECB head about changing the monetary policy soon and the EURUSD market may experience very strong changes.

EURUSD: Buy on a break above 1.1175.

We sell at a break down of 1.1070.