
What happened? Japanese shares fell on Monday…
2019-11-11 • Updated
The 89 Moving Average acted as support, so the price is rising. It's likely that the upper 'Window' is going to act as resistance in the coming hours.
We've got a 'Three Methods' pattern, so the price is rising. At the same time, we could have a local bearish correction towards the nearest support, which is likely going to be a starting point for another bullish rally.
What happened? Japanese shares fell on Monday…
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
In a few days, primary Forex currencies will hear what their respective central banks think about the future - and we're about to trade it!
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Since the fateful events of March 10th, 2023, I mean the SVB and Signature Bank crash, there has been a lot of attention on the US economy and the Dollar from the international community.
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