Market Conditions for USDEUR as at Aug 07, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for US Dollar/Euro
US Dollar/Euro ProfileThe US Dollar/Euro (USD/EUR) currency pair, also known as the Dollar is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. USD is the base currency and EUR is the quote currency, meaning that 1 US Dollar was worth 0.8485 Euro at the end of the New York trading session on Friday, 0.77% more than at the previous close.
Technical Analysis Summary for Aug. 7, 2020
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term. Friday's trading range has been 92 pips (1.09%), that's far above the last trading month's daily average range of 70 pips. Buying could accelerate should prices move above the nearby swing high at 0.8550 where further buy stops might get triggered.
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