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Forex Technical Major Pairs Analysis | June 28, 2022
chart U.S dollar index start a bounce from the 103.82 support level today. The upward movement has moderate bullish momentum which might develop into another bullish leg to target a new higher high. Traders will continue to avoid short positions in the U.S dollar as long as the index continues printing higher highs and higher lows. chart EUR/USD has not reached the 1.0650 resistance level yet. The pair is under pressure at the current time and might resume the bearish trend toward the 1.0339 support level. Traders will continue waiting for the pair to test the 1.0650 – 1.0800 area before jumping in positions. ... (full story)