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EURUSD News

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Last Updated Date: 16 August 2021 @ 6:26 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was down on Monday morning in Asia, remaining near a one-week low. The U.S. currency slumped the most in almost seven weeks on Friday, after a sharp fall in U.S. consumer confidence lessened the likelihood of a tighter U.S. Federal Reserve monetary policy.

The EURUSD is into correction phase up. The market is short term up trend and surge over 1.1840 targets a run to 11.1900. A close under 1.1730 damages Friday's advance, but key on a close under 1.1700 to mark a short term turnover and secondary selloffs.

Resistance 2      1.1840
Resistance 1      1.1820

 
Support 1           1.1771
Support 2           1.1751


 
 
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