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EURUSD News

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Last Updated Date: 19 July 2021 @ 6:56 AM (UTC)
*Please note that all the dates are in GMT time zone

The safety of dollars and yen was sought on Monday, keeping the greenback near its strongest in months, as the spread of the delta coronavirus variant shook investors' confidence in growth and left many nervous about England's reopening.

Overall the market is bearish with a downside breakout likely sending trade to attack a 1.1770 weekly low. A close under 1.1770 is bearish ⇒ 1.1704. Current corrective rebounds trapped by 1.1833 will maintain bear forces. A close over 1.1901 confirms the start of a reversing upturn.

Resistance 2       1.1855
Resistance 1       1.1833

 
Support 1            1.1790
Support 2            1.1770


 
 
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