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US dollar takes a jump higher

The USD has dumped a bit higher in early US trading ahead of the initial jobless claims in Philly Fed business index for April. EURUSD has broken away from it 200 are moving average near 1.09588 in trades down to 1.09328. The high price today reached 1.09778 which was short of the highest from Tuesday and Wednesday near 1.0983. The 100 hour moving average at 1.09644 just above the 200 hour moving average. Support down at 1.0925 and at the low for the week at 1.0908.GBPUSD is cracking below it 10... Read More

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Dollar

Takes

Jump

Higher

Forex

Posted: Apr 20 2023, 12:23

Author Name: forexlive

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