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EURUSD News

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Last Updated Date: 28 September 2023 @ 7:24 AM (UTC)
*Please note that all the dates are in GMT time zone

Reaching its weakest level since January 6th 1.0490, the EURUSD was hit by a weaker German consumer figures as well as hawkish comments by Federal Reserve officials and strong US economic data.

The short term trend remains down, but trade is fighting to hold and rebounded off the 1.0480 target. Market action alerts for a potential bottoming turn. We may see dips around 1.0470. A close over 1.0550 alerts for a short term bottoming turn.  


Resistance 2     1.0550

Resistance 1     1.0525

Support 1          1.0490
Support 2          1.0470




 
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