XLCUSD News

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Last Updated Date: 31 May 2021 @ 8:20 AM (UTC)
*Please note that all the dates are in GMT time zone

The market is sliding back into bear trending and positioned to attack last Friday’s reversal low. A close under 155.28 projects a larger selling wave to 141.19. Any corrections trapped inside Thursday’s narrow congestion day will maintain bear forces. A close over 198.92 is needed to signal a reversing / bottoming turn.

 
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