EURUSD News

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Last Updated Date: 29 March 2021 @ 6:38 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Monday morning in Asia, hovering near record gains against the euro and yen. Investors turned to the dollar thanks to the previous week’s U.S. economic data and the quickening pace of the U.S. COVID-19 vaccine program.

The EURUSD market posture is negative. The slide back through last Friday’s reversal leaves trade positioned to continue attacking under 1.1730. A close under 1.1730 projects to 1.1700 - 1.1650. Any near term rebounds will find resistance at 1.1830. A close over 1.1855 is needed to recapture bottoming / bullish trade action.

Resistance 2       1.1830
Resistance 1       1.1810

 
Support 1            1.1758
Support 2            1.1731


 
 

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