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EURUSD News

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Last Updated Date: 9 September 2021 @ 6:36 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Thursday morning in Asia ahead of the latest European Central Bank (ECB) policy decision. Worries about COVID-19's impact on economic recovery also gave the safe-have asset a small boost.

Overall the EURUSD market is bearish with a downside breakout likely sending trade to attack a 1.1770 weekly low, when broken ⇒ 1.1706 - 1.1665. Current corrective rebounds trapped by 1.1830 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. SAR for today 1.1890. 

Resistance 2       1.1850
Resistance 1       1.1830

 
Support 1            1.1790
Support 2            1.1770


 
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