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Meanwhile, reports emerged that the ECB may cut rates in light of the coronavirus situation. This looks unlikely, but Euro weakness is concerning as EURUSD approaches 2019 support levels. Markets are ...
EURUSD Daily Chart On a daily chart, the RSI entered oversold territory yesterday as the pair approached support just below 1.0900, a level that held the exchange rate higher last year. Resistance at ...
EURUSD broke 1.0950/40 to hit the next target of 1.0905/00 & bounce just 4 pips above important support at the 2019 low of 1.0885/77. USDCAD reached the next target of 1.3325 & bottomed exactly at ...
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EURUSD is trading weak and hits multi-month low on broad-based US dollar buying. Fed Chairman Powell stated that the current policy is appropriate, the coronavirus will affect the global economy. The ...