EURUSD

EURUSD

The US dollar showed a downward movement after Federal Reserve Chair Jerome Powell said it may take several months to make a decision on running down the central bank $9 trillion balance sheet.

The EURUSD pair moved up above 1.1365 main level. As long as the pair trades above 1.1365, on a four-hourly basis, we will face 1.1421 as the resistance level. On the upside, if the price drops below 1.1365, the next support level will be at 1.1307

Support : 1.1365 - 1.1307 - 1.1237

Resistance : 1.1421 - 1.1507

12 Jan 22 (Wed)

05:04 am



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