Forex trading has become ubiquitous in the recent decades as it offers a plethora of advantages to the traders. Unlike other financial markets, there are no limitations in trading currencies in forex market. If you are good at arbitrating the currency market, then forex is the perfect platform to earn a striking income.
On the 4-hour chart, the instrument is trading in the lower Bollinger
band. The price remains below its moving averages that are directed
down. The RSI is testing its longer MA. The Composite is showing similar
dynamics.
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