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Monday, August 20, 2018

EURUSD DAILY CHART ANALYSIS (20 AUG 2018 @ 23:07)

USD is still going strong in the market. EUR having no strong economic report or event to be held this week is expected to continue its struggle to gain momentum against USD whereas any positive outcome of the USD events is expected to help regain momentum in the coming days.

SUPPORT: 1.1300, 1.1150
RESISTANCE: 1.15, 1.17
BIAS: BEARISH
MOMENTUM: VOLATILE