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EURUSD News

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Last Updated Date: 11 February 2022 @ 7:15 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Friday morning in Asia, with higher-than-expected U.S. inflation data and hawkish comments from a Federal Reserve policymaker accelerating expectations of aggressive interest rate hikes. However, similar pressures globally capped gains.

Last days drop off signals a short term turn back to the prevailing bear trend of previous weeks 
and should continue to foster an attack under the 1.1266 swing low. A close under 1.1266 projects a larger bear wave to 1.1121 support near term. 
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