A dead cat bounce is a sign of more selling to come
The euro fell 170 pips in straight line today, bounced 30 and is now back testing the lows. Many times, the size of the bounce is more telling than the magnitude of the fall.
Forex – financial instrument.Forex news
A dead cat bounce is a sign of more selling to come
The euro fell 170 pips in straight line today, bounced 30 and is now back testing the lows. Many times, the size of the bounce is more telling than the magnitude of the fall.