EURUSD News

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Last Updated Date: 23 July 2021 @ 6:15 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Friday morning in Asia and was set to end the week not far from where it started. Investors took stock at the end of a volatile week in which currencies gyrated due to ever-changing risk appetite levels.

The market is short term bearish with trade still suggesting a breakout under the 1.1730 early April low. The formation alerts for washouts near 1.1704. Any corrections will likely hang below last Wednesday’s inside day 1.1804 high and use congestion to bear flag. A close over 1.1830 stops aggressive bear forces. 

Resistance 2       1.1810
Resistance 1       1.1790

 
Support 1            1.1750
Support 2            1.1730


 
 
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