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TECHNICAL UPDATE 21TH JUNE EUR/USD In general, EUR/USD is moving downwards. As of late, EUR/USD broke beneath the critical resistance of 1.19. European Central Bank President Lagarde will be talking later in 2030 (GMT+8). Likewise, she will affirm before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these occasions, there might

Technical Market Analysis 16th June EUR/USD Generally, EUR/USD is running across. As of late, EUR/USD bobbed off the opposition zone of 1.21500. EUR/USD’s next support zone is at 1.19700 and the following obstruction zone is at 1.21500. Search for momentary selling chances of EUR/USD up until the U.S. FOMC meeting tomorrow at 0200 (GMT+8). The

TECHNICAL UPDATE 15th JUNE EUR/USD EUR/USD bounced up from the key level of 1.21. USD’s next support zone is at 1.19700 and thus the subsequent resistance zone is at 1.21500. look for selling opportunities of EUR/USD. The EUR/USD pair is marginally higher at the beginning of the week, trading above the 1.2100 thresholds. The EUR/USD

Technical Market update 14th June EUR/USD Recently the pair broke the support zone of 1.21500. Initial bias is now on the downside within the week for 1.1985 support first. Break there’ll confirm that the consolidation pattern from 1.2348 has started the third leg. A deeper fall would then be seen back to 1.1703 support. On

Bundesbank: German economy prepares for post-pandemic growth and price recovery   It now expects the German financial system to attain pre-pandemic tiers as quickly as the subsequent quarter, developing with the aid of using 3.7% this yr, 5.2% subsequent yr, and 1.7% in 2023. “The German economy is overcoming the pandemic-related crisis,” said Bundesbank President