EURUSD News

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Last Updated Date: 27 May 2021 @ 6:34 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia, amid growing expectations that the U.S. Federal Reserve will slowly but surely move towards discussing a tighter monetary policy.

The market is Sideways Dowm. Yesterday’s close break signals a return to bear trending and calls for selloffs to attack the last swing low, likely extending a break to the 1.2130 low. A close under 1.2130 shall lead the Euro towards 1.2067. Any corrections trapped under 1.2230 will bear flag.

Resistance 2       1.2230
Resistance 1       1.2210

 
Support 1            1.2171
Support 2            1.2151


 
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