The U.S. dollar pared its gains on Wednesday after minutes from the Federal Reserve's July meeting showed that Fed officials are concerned the U.S. central bank could raise rates too far as part of its commitment to get inflation under control.

As long as the EURUSD pair trades below 1.0351, on a four-hourly basis, we will see 1.0083 main support level. On the other hand, if the price goes beyond 1.0351, the resistance level can be seen at 1.0496.

Support: 1.0083
Resistance: 1.0351 -1.0496 - 1.0576

18 Aug 22 (Thu)

06:14 am