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EURUSD News

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Last Updated Date: 6 January 2022 @ 6:58 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia, remaining near a five-year high to the yen as investors digested the hawkish tone in the minutes from the latest US Federal meeting. 

Overall the EURUSD is bearish. The market is in a trading range down sinve 8 December 2021 and it is sliding back into bear trending and positioned to attack 1.1270 reversal low. A close under 1.1270 projects a larger selling wave to 1.1200 - 1.1186 still. 

Resistance 2      1.1350
Resistance 1      1.1330

 
Support 1           1.1290
Support 2           1.1270


 
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