EURUSD News

(4 votes)


Last Updated Date: 22 July 2021 @ 7:23 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia but climbed down from multi-month highs, as strong earnings boosted global stocks and increased investor risk appetite.

The market posture is negative. The slide back through last yesterday’s reversal leaves trade positioned to continue attacking under 1.1750. A close under 1.1750 projects to 1.1704. Any near term rebounds will find resistance at 1.1850. A close over 1.1875 is needed to recapture bottoming / bullish trade action.

 
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