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EURUSD News

(3 votes)


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

The dollar was little changed on Wednesday as oil prices slowed after a big two-day advance, U.S. Treasury yields moved higher and investors awaited clues on the tapering of economic support by the Federal Reserve at this week's Jackson Hole symposium.

The EURUSD market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 1.17630. Sustained selloffs under 1.1740 will encourage declines to 1.1663. Any corrective congestion within yesterday’s range will keep trade aligned for selloffs.

Resistance 2      1.1810
Resistance 1      1.1790

 
Support 1           1.1750
Support 2           1.1730




 
 
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