Quick moves on unexpected moves test the technicals
Quick moves on unexpected news tend to overshoot in the first few hours as stops are squeezed and fear takes over. The bounce comes as profits are taken and bottoms are picked.
Forex – financial instrument.Forex news
Quick moves on unexpected moves test the technicals
Quick moves on unexpected news tend to overshoot in the first few hours as stops are squeezed and fear takes over. The bounce comes as profits are taken and bottoms are picked.