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EURUSD News

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Last Updated Date: 14 April 2022 @ 5:57 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was down on Thursday morning in Asia, after falling overnight against the pound and the euro in particular. U.S. yields hit pause on their recent rally, offering some relief to the Japanese yen.

Technically, the EURUSD staus is overbought for the last 3 consecutive days. The market is into short term correction up. A close over 1.0930 is short term friendly and implies a push to 1.0988 - 1.1054. Dips congesting / stabilizing off 1.0840 will build for rallies. Closes under 1.0830 and 1.0820 will flip the trend bias back down.

Resistance 2      1.0930
Resistance 1      1.0910

 
Support 1           1.0860
Support 2           1.0840


 

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