Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
Wednesday, February 12, 2020
forex chart NZD/USD 2/12
NZD/USD rose the most since December 2 and tested the 100-day moving average
at 0.6470. The 200-day moving average sits above at 0.6501.
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