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EURUSD News

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Last Updated Date: 19 January 2022 @ 7:23 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Wednesday morning in Asia, with rising U.S. yields pushing it back above support levels that have not been hit in the past few months. Investors also continue to anticipate a hike in U.S. interest rates.

The EURUSD market posture is negative. The heavy slide back yesterday leaves trade positioned to continue attacking under 1.1280. A close under 1.1280 projects to 1.1200 -1.1186. Any near term rebounds will find resistance at 1.1365. SAR for today 1.1450.

Resistance 2       1.1365
Resistance 1       1.1344

 
Support 1            1.1300
Support 2            1.1280


 
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