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DXY shows first sign of pullback since Fed's hawkish shift last week

DXY shows first sign of pullback since Fed's hawkish shift last week

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Giles Coghlan
21/06/2021 | 08:21 GMT

Retracement

Finally the USD is showing some signs of weakness. 91.40 is key support as USD buyers should step in anticipation that tapering is coming more quickly now. USD still a buy on dips, but not worth chasing at these elevated levels.

Retracement

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