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EURUSD News

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Last Updated Date: 30 March 2022 @ 5:13 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was down on Wednesday morning in Asia as hopes for a breakthrough in peace talks between Russia and Ukraine gave the euro a boost. The Japanese yen, which is already under pressure, steadied even as the Bank of Japan (BOJ) continues its efforts to pin down bond yields.

The market is challenging for new highs. A close over 1.1143 is bullish for a move to 1.1233. A continued reluctance to post a close over 1.1143 cautions for reactionary setbacks and flagging congestion days today - Wednesday. However, a close back through 1.1037 is needed to flip the short term trend back down.

Resistance 2       1.1130
Resistance 1       1.1110

 
Support 1            1.1065
Support 2            1.1044



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