The dollar lurked just below recent highs on Tuesday as traders waited for U.S. inflation data due later in the week, which could take pressure off the Federal Reserve and put it on the greenback if it suggests the pace of price rises has peaked.

As long as the EURUSD pair trades above 1.0083, on a four-hourly basis, we will see 1.0351 as a resistance level. On the other hand, if the price drops back below 1.0083, the next support level can be seen at 0.9914

Support: 1.0083 - 0.9914
Resistance: 1.0351 -1.0496

09 Aug 22 (Tue)

04:51 am