4 Global Market Updates- 19 January, 2023

 

In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, USD/JPY and USD/INR.

EUR/USD Price Analysis: It’s still probable to climb to the 1.0900 area.

The EUR/USD continued its upward trend from Wednesday and retook the zone above the crucial 1.0800 level on Thursday.

The pair is moving inside a range-bound theme ahead of the likely continuation of the rally. In opposition to that, the first point of resistance is the YTD high, which is at 1.0887. (January 18). Once passed, it may pave the way for a likely trip to the round level at 1.0900 very shortly.

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