EURUSD
The Euro jumped back up against the U.S. dollar after the European Central Bank cut its key interest rate further into negative territory and announced it would restart quantitative easing from November.
The EURUSD pair moving up towards the key resistance level of 1.1114. In order for the upward movement to continue, it needs to go beyond and stay above 1.1114 on four hourly basis. At this point, we will see 1.11.65 as a daily resistance level. Otherwise, we will follow the support level at 1.1052 again.
Support : 1.1052 - 1.0979 - 1.0837
Resistance : 1.1114 - 1.1165 - 1.1237
13 Sep 19 (Fri)
07:17 am
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