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

June 21, 2021 at 09:21AM

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. 
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Author: https://www.forexlive.com/news/!/dxy-shows-first-sign-of-pullback-since-feds-hawkish-shift-last-week-20210621 Selected by SYFX+