EURUSD Review January 23 2026

Short-term price movement ideas.

Price tested the daily long FVG, from which we received confirmation on the 4H timeframe in the form of a market structure break and the formation of a new FVG. At the moment, the 4H zone acts as the primary area of interest. Inside the FVG, there is a 1H low that serves as a trigger. If this low is taken and confirmation appears on a lower timeframe, we can then consider opening a long position. If this does not occur, a deeper retracement should be expected, with confirmation forming on the 1H chart instead.