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EURUSD News

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Last Updated Date: 18 May 2022 @ 5:57 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar fell for a third straight day on Wednesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the U.S. currency's appeal.

Recent rallies still suggest an up alignment with potential for a climb against previous topping levels at 1.0592 and chance for a larger drive to 1.0641. Minor corrective trade must stay stable over 1.0521 to motivate rallies. A close under 1.0430 (SAR) rejects the upturn.

Resistance 2      1.0588
Resistance 1      1.0567
 
Support 1           1.0521
Support 2           1.0501
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