Chat

EURUSD News

(0 votes)


Last Updated Date: 7 June 2022 @ 5:49 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Tuesday morning in Asia over expectations that the U.S. Federal Reserve will deliver more interest rate hikes.

The EURUSD market triggered a bear downturn, opening up potential for a selling wave to reach under the 1.0630 weekly low. Trade is poised for selloffs ⇒ 1.0556. Any corrections will likely hang in the lower half of yesterday’s selloff.

Resistance 2      1.0740
Resistance 1      1.0720

 
Support 1           1.0670
Support 2           1.0630


 
 
Chart

EURUSD Live Price


sell
buy
Daily price range:
Low
High



RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.