Scandex Market Update – May 21

Thursday, 21/05/2020 | 07:00 GMT

Disclaimer

It ‘feels’ like the USD is on the verge of breaking down. That said, USDOLLAR is back into important support (line off of 2011 and 2014 lows and a major horizontal level…see weekly chart below). Support is support until broken so respect bounce potential with resistance near 12520.

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Source: https://scandex.com/2020/05/21/market-update-may-21/

Disclaimer

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