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EURUSD News

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Last Updated Date: 28 April 2021 @ 6:14 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s latest policy decision and U.S. President Joe Biden’s address in front of a joint session of Congress, both due to take place later in the day.

MACD is curving Down. The EURUSD market is showing a bear downturn and potential for a selling wave to 1.2010 as well as potential to 1.1991. A drop through 1.2030 will foster continuation selloffs today. Any congestion under Tuesday’s range high will keep the market setup in a bear flag. 

Resistance 2       1.2130
Resistance 1       1.2110

 
Support 1            1.2070
Support 2            1.2050


 
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