Forex: EUR/USD technical analysis for 26th January.

The EUR/USD is trading near the April 2022 highs.

Yesterday 25th the EUR/USD traded higher and closed the day in the positive territory around $1.0915. Today it was trading in a narrow range of $1.0905-25, remaining the highs of April 2022. On the hourly chart, EUR/USD is still trading above the moving average line MA (200) H1 ($1.0845). The situation is similar on the four-hour chart.

Resistances levels are at: $1.0925-35, $1.0990, $1.1055

Support levels are at: $1.0875, $1.0855, $1.0835