EURUSD News

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Last Updated Date: 9 March 2021 @ 7:27 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar held near a 3 1/2-month high against its rivals on Tuesday as higher bond yields and expectations of faster economic normalisation from the pandemic in the United States put the U.S. currency at an advantage.

Overall the EURUSD market is bearish with a downside breakout likely sending trade to attack a 1.1800 monthly low. A close under 1.1800 will lead to the 1.1755 Support. Current corrective rebounds trapped by 1.1888 will maintain bear forces. 

Resistance 2       1.1888
Resistance 1       1.1867

 
Support 1            1.1821
Support 2            1.1800


 

 
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