EURUSD News

(5 votes)


Last Updated Date: 3 May 2021 @ 6:20 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Monday morning in Asia, making a cautious start to the week and the month of May. Investors will comb through a slew of central bank decisions and U.S. economic data, to be released throughout the week, for clues on the global inflation outlook and policymakers’ responses.

The market posture is negative. The slide back through last Friday’s reversal leaves trade positioned to continue attacking under 1.1980. A close under 1.1980 projects to 1.1900 - 1.1880. Any near term rebounds will find resistance at 1.2050 - 1.2070.

Resistance 2       1.2070
Resistance 1       1.2050

 
Support 1            1.2000
Support 2            1.1980


 
Chart

EURUSD Live Price


sell
buy
Daily price range:
Low
High