The big question associated with the FOREX-SPOT market is how much
longer will the USD trend be lower?
As "TREND FOLLOWER" we know that the currency trend often
continue for lengthy period of time and eventually going too far and
then snapping back the other direction.
The other question is:
What degree is the additional selling in the USD prompted by the market
action?
Is there news, or a major event that can change the "MOOD" if
you will of the market?
We know that trends do continue often longer than expected. But trends
eventually turn with too many leaning the wrong direction(s).
Regards,
"THE PIP DISPENSER'
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