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EURUSD News

(2 votes)


Last Updated Date: 10 June 2021 @ 8:05 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia but remained near a five-month low as the focus remains on U.S. inflation data and a ECB Policy decision, both due later in the day.

The market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 1.2130. Sustained selloffs under 1.2130 will encourage declines to 1.2070. Any corrective congestion within Tuesday’s range will keep trade aligned for selloffs. 

Resistance 2       1.2220
Resistance 1       1.2199
 

Support 1            1.2150
Support 2            1.2131


 
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