The Euro Dollar EUR/USD currency pair continues to move within a developing bullish correction and descending channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, indicating selling pressure on the European currency and a potential continuation of the decline in the currency pair from current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate today is 1.1688. As part of the Forex forecast for January 13, 2026, we expect an attempt to continue the upward movement in quotes and a test of the resistance level located on the EUR/USD pair near 1.1705. Subsequently, a downward rebound in prices and the beginning of a bearish impulse in the Euro Dollar currency pair should develop. The potential target of such a movement on Forex is the area below 1.1535.
EUR/USD Forecast Euro Dollar for January 13, 2026
An additional signal in favor of a downward scenario for the EUR/USD currency pair tomorrow will be a rebound from the resistance line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the upper boundary of the bearish channel. A strong price increase and a breakout of 1.1785 will cancel the downward scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the resistance area and continued price growth to 1.2025. A breakout of the support area at 1.1645 should confirm the decline in the EUR/USD currency pair.
EUR/USD Forecast Euro Dollar for January 13, 2026 suggests an attempt to rally, testing resistance near 1.1705. This should lead to a downward rebound in the EUR/USD pair and a continued decline in the Forex market, targeting 1.1535. A breakout from the resistance line on the relative strength indicator (RSI) will serve as an additional signal. A strong rally and a breakout of 1.1785 would cancel the EUR/USD decline. This would indicate a breakout of the resistance zone and continued growth in the Forex market towards 1.2025.
