08 Apr 2021

EUR/USD Analysis

EUR/USD is resuming the primary trend in the medium long term. Today the currency ndex expected to further rise towards 33400 levels if the price sustains above 33100. If the index trade below 32848 a corrective move may be expected in reverse in price action by making an upthrust towards 32263 levels on the price chart. The key support is 32200 and the key resistance is 33400. In the case of a positive reaction, the index resists at 33440 points. The index is overall positive in the medium long term.

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