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XLCUSD News

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Last Updated Date: 4 June 2021 @ 10:02 AM (UTC)
*Please note that all the dates are in GMT time zone

The failed test around the 198.92 resistance is triggering a return to short term bear trending action. Selloffs after the close has the market poised for declines today and close under 158.61 implies a bear wave to 141.95. Any corrective congestion capped under 178.37 should bear flag a setup for selloffs. A close over 208.98 is needed to reject Thursday’s downturn.

 
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