Pivot: 1.3235.
Most Likely Scenario: SHORT positions @ 1.3225 with 1.317 & 1.3145 in sight.
Alternative scenario: The upside breakout of 1.3235 will open the way to 1.326 & 1.328
The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. The foreign exchange market, which is usually known as "forex" or "FX," is the largest financial market in the world. Compared to the measly $22.4 billion a day volume of the New York Stock Exchange, the foreign exchange market looks absolutely ginormous with its $5 TRILLION a day trade volume. Forex rocks our socks!
No comments:
Post a Comment