The EUR/USD currency pair has encountered renewed selling pressure, slipping back below the 1.1800 level after a brief uptick in late December. Analysts at ING suggest that if the critical support level at 1.1680 fails to hold, the exchange rate could potentially decline further toward the 1.1640 to 1.1600 range.
This downward movement reflects broader market dynamics as traders adjust their positions amid fluctuating economic indicators and geopolitical tensions. The USD's strength continues to influence the EUR/USD trading landscape, making the upcoming sessions crucial for determining the pair's trajectory in the near term.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-05 10:51
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.