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Last Updated Date: 24 May 2021 @ 11:48 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is still within a downturn from last week’s selloffs. Last week’s drop off signals a short term turn back to the prevailing bear trend of previous months and should continue to foster an attack under the 2.788 swing low. A close under 2.788 projects a larger bear wave to 2.681. A reluctance to stay under 2.788 may prompt rebounding action, but trade needs a close over 2.998  to renew a bottoming formation.

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