Performance Chart
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EURUSD sub 1.0900 once again

As the dollar gains, the euro is suffering

Back under 1.0900 again and around an old support point at 1.0880/85. We have a minor support line at 1.0865 but support will stretch down to the late Oct lows at 1.0850.

1.0800/10 remains the big level I'm watching as a break there could lead to a steeper fall down to the low 1.07's. It's been a strong level since 2015.

EURUSD daily chart

For now, 1.0900 will need watching for resistance building, followed by 1.0920/25 and 1.0950.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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