USA presidential election brought some volatility to the market from the start of this month. More is expected as the count of the ballots continues.
The price seems to have created an uptrend channel and could trade inside through November and December. It also reached for a second time the 0.618 area on our Fibo chart.
The price seems to have created an uptrend channel and could trade inside through November and December. It also reached for a second time the 0.618 area on our Fibo chart.
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The price came closer to the upper limit of the channel and could repeat the move tomorrow.
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The price almost reached the upper limit of the channel.
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The price made a double top on the upper limit on M15. The bulls are still strong, but could bears hope for a reversal?
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The upper limit was breached.
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The pair gives signs of a strong reversal.
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Have we witnessed a retracement today? Are we headed downwards?
