$US has broken through the 0.012 level, and is now trading at 0.01239.
Round-number levels aren't magic, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is usually intense.
The key is whether it can hold 0.012 on a retest. If it does, resistance could turn into support. How would you respond?
#US
DYOR, and only invest what you can afford to lose.
Round-number levels aren't magic, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is usually intense.
The key is whether it can hold 0.012 on a retest. If it does, resistance could turn into support. How would you respond?
#US
DYOR, and only invest what you can afford to lose.