EURUSD 11-01-2024 midday update

The EURUSD pair remains stuck between the key points of the trend represented by the 1.0960 support and the 1.0995 resistance, which keeps our neutral in effect as price would need to move above one of these levels to clearly detect the next destination.

Contradictions between technical indicators provide another reason for neutrality, while expected targets following a breakout are detailed in our EURUSD pair morning report.

The expected trading range today is between support at 1.0890 and resistance at 1.1060.

Expected trend today: Neutral