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Trade ideas thread – European session 18 March 2021

Sumary of Trade ideas thread – European session 18 March 2021:

  • The dollar is keeping steadier in general after a bit of a decline yesterday post-Fed, with losses staying more limited as the market contemplates the potential for yields to keep higher – at least on the long-end of the curve…
  • AUD/USD is keeping at two-week highs but faces some resistance around 0.7837-38 at the moment as buyers try to explore further upside momentum in the pair…
  • Elsewhere, gold managed to break short-term resistance at around $1,740 but it remains to be seen if the Fed has done enough to convince a turnaround in investor sentiment….

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