Last Updated Date: 19 August 2021 @ 6:19 AM (UTC) *Please note that all the dates are in GMT time zone
The dollar rose to a nine-month high against its major peers on Thursday, on expectations that the Federal Reserve will start tapering its huge stimulus this year.
Overall the EURUSD market is bearish with a downside breakout that will send trade to attack a 1.1601 early November low, when broken ⇒ 1.1506. Current corrective rebounds trapped by 1.1730 will maintain bear forces. SAR for today 1.1783.