EURUSD News

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Last Updated Date: 25 June 2021 @ 6:00 AM (UTC)
*Please note that all the dates are in GMT time zone

The U.S. dollar held near multi-month highs on Friday as investors warily awaited U.S. inflation data, while the pound nursed modest losses after Bank of England (BoE) policymakers leaned away from flagging rate rises.

The short term trend remains down, but trade is fighting to hold and rebounded off the 1.1890 target. Market action alerts for a potential bottoming turn. We may see dips around 1.1890, but a close under 1.1890 is needed to renew bear pressures. A close over 1.1960 alerts for a short term bottoming turn.

Resistance 2       1.1970
Resistance 1       1.1950

 
Support 1            1.1918
Support 2            1.1890


 

 
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