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EURUSD News

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Last Updated Date: 24 June 2021 @ 6:06 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia as investors digested mixed signals from U.S. Federal Reserve officials regarding the timeline of stimulus measures changes.

Overall the EURUSD market is bearish with a downside breakout likely sending trade to attack a 1.1847 weekly low, when broken ⇒ 1.1798. Current corrective rebounds trapped by 1.1970 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 1.2011 (SAR) confirms the start of a reversing upturn.

Resistance 2       1.1965
Resistance 1       1.1945

 
Support 1            1.1900
Support 2            1.1880


 
 
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