$BTW The daily chart broke below MA50 (1.259), with the current price at 1.4717.
MA50 reflects the medium-term trend, but the price has now moved back above the moving average. It may have been a false breakdown; a renewed move below it would confirm the break.
When indicators and news are at odds, it may be better to wait. Bullish or bearish?
#BTW
MA50 reflects the medium-term trend, but the price has now moved back above the moving average. It may have been a false breakdown; a renewed move below it would confirm the break.
When indicators and news are at odds, it may be better to wait. Bullish or bearish?
#BTW