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The rise and fall of an asset’s price creates distinct formations on price charts, called chart patterns. Identifying these can be useful in predicting price trends.
There has been an edge of recovery forming on the USD early this week. The move has also weighed slightly on risk appetite. This comes ahead of a key speech by Fed Chair Powell later today.
There is risk in trading with every order you execute. As a trader, your profitability rests on a watertight risk management strategy that protects your trading bank.
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