EURUSD News

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Last Updated Date: 17 August 2021 @ 7:46 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Tuesday morning in Asia. Disappointing economic data from China, the continuous spread of COVID-19's Delta variant, and political tension in Afghanistan all served to curb the market’s risk appetite, giving the safe-haven U.S. currency a boost.

Overall the EURUSD market is bearish with a downside breakout likely sending trade to attack a 1.1731 weekly low, when broken ⇒ 1.1630. Current corrective rebounds trapped by 1.1835 will maintain bear forces. 

Resistance 2       1.1820
Resistance 1       1.1799
 

Support 1            1.1751
Support 2            1.1731


 
 
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