EUR/USD currency pair analysis 25.01.2022

The descendant truncated wave structure of the H4 level has finished with breaching the inclined channel. Awesome Oscillator indicates bullish divergence. The entry point is forming on the correction wave B.

Trade idea:

Buy when breaching 1.1335.

Stop loss below the support level 1.1288.

Target levels: 1.1420; 1.1480.