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EURUSD News

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Last Updated Date: 21 April 2022 @ 5:31 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia over expectations that U.S. Federal Reserve will tighten its monetary policy more aggressively. However, the greenback was far off the previous day's high as investors await what a gathering of finance ministers might say about the currency’s rapid appreciation.

Recent rallies still suggest an up alignment with potential for a climb against previous topping levels at 1.0890 and chance for a larger drive to 1.0930. Minor corrective trade must stay stable over 1.0830 to motivate rallies. A close under 1.0800 rejects the upturn.

Resistance 2      1.0890
Resistance 1      1.0880

 
Support 1           1.0830
Support 2           1.0801




 
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