05-05-2021 11:21 AM | Source: Swastika Investmart Ltd
Dollar tries to build rally, eyes major euro bulwark - Swastika Investmart Ltd
News By Tags | #2767 #2911

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News in headline:

* Dollar tries to build rally, eyes major euro bulwark

* Euro Pound (EUR/GBP) Exchange Rate Falls as UK Manufacturing PMI Hits its Highest Level Since 1994

* Dollar rallies as risk appetite dims, after Yellen's comments on rates

Chart of the day:

The day trend in EURINR is indicating sideways to downside move making lower lows and lower high with huge selling volume which indicates sell signal so one can follow sell on rise strategy.

Technical View:

* The sideways move can be seen in currency

 

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