$US fell below the 0.03 level.
Let’s use this figure to talk about key price levels.
Round-number levels attract attention mainly because people tend to place orders and stop-losses around them. Orders can cluster there, which is why they’re also known as psychological levels.
Breaking through a level only shows that one side has the upper hand for the moment. How far the price moves afterward depends on where the next level is and whether the flow of funds can continue.
Don’t change your plan based on a single indicator, and don’t use borrowed money to test a reading.
The data is from public sources. Please verify it yourself.
Let’s use this figure to talk about key price levels.
Round-number levels attract attention mainly because people tend to place orders and stop-losses around them. Orders can cluster there, which is why they’re also known as psychological levels.
Breaking through a level only shows that one side has the upper hand for the moment. How far the price moves afterward depends on where the next level is and whether the flow of funds can continue.
Don’t change your plan based on a single indicator, and don’t use borrowed money to test a reading.
The data is from public sources. Please verify it yourself.