Forex Trading: Confusion Continues And Intraday Trends Reverse
Posted on December 09, 2008 at 11:40 AM EST
The USD/CAD reversed the gains and moved back below the 100 hour moving average. The GBP/USD reversed the losses and moved back above the 100 hour moving average. The USD/CHF is back down, testing the 100 hour moving average. It continues to waffle back and forth (non -trending) Markets are generally waffling in non-trending formations. When ...
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