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EURUSD News

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Last Updated Date: 14 March 2022 @ 8:35 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Monday morning in Asia. The Japanese yen hit a fresh five-year low as a slew of central banks prepare to hand down their policy decisions throughout the week.

The EURUSD market is medium/long term bearish with trade still suggesting a breakout under the 1.0870 early 
low. The formation alerts for washouts near 1.0848 - 1.0805. Any corrections will likely hang below last Friday’s inside day 1.1043 high and use congestion to bear flag. A close over 1.1121 stops aggressive bear forces. 

Resistance 2      1.0960
Resistance 1      1.0940

 
Support 1           1.0890
Support 2           1.0870


 
 
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