Down but fast up again to 7.20 and higher

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The USD/DKK on a 15-minute timeframe using Heikin Ashi candles. Here's a bullish analysis based on the structure:

Higher Highs & Higher Lows – The price action is forming consistent higher highs and higher lows, a classic sign of an uptrend.

Momentum Confirmation – The recent price action shows a strong upward move with increased volatility, indicating that buyers are in control.

Potential Targets – The breakout could lead to further bullish continuation, with price aiming for 7.20 or beyond, as marked on the chart.

Overall, this setup suggests that USD/DKK has strong bullish momentum and could continue its upward trend unless a major resistance level rejects it.

Feragatname

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