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EURUSD News

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Last Updated Date: 26 April 2021 @ 6:04 AM (UTC)
*Please note that all the dates are in GMT time zone

 The dollar was down on Monday morning in Asia as speculation mounts that the U.S. Federal Reserve will shun talk of tapering bond purchases when it hands down its policy decision later in the week.

Friday’s and today bull reversal / rebound off 1.2018 helps reinforce ideas for a short term trend shift to the upside. Look for attempts to extend rallies. A close over 1.2130 should spark rallies to attack the previous swing high peaking levels 1.2183. A close under 1.2005 is bearish and suggests a selling wave to new lows and possibly 1.1930.

 
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