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EURUSD News

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Last Updated Date: 23 May 2022 @ 5:44 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was down on Monday morning in Asia as investors cut bets on further gains from rising U.S. interest rates and hoped that loosening lockdowns in China can boost the global economy.

The EURUSD market continues to unfold an upturn and suggests advances over the next several days to reach for 1.0620 - 1.0654 as a minor correction up. Near term trade may stay in flagging congestion, but a close under 1.0474 is needed to signal a reversing turn back to lower levels. 
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