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Pairs of currencies are detailed at specific values; letting traders to exchange a person forex for another determined by whether or not they believe the currency cost will increase or fall. Frequent list pairs include things like USD/EUR and a lot of Other people.
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They pushed the price down to interrupt the trend line, indicating that a downtrend may be inside the cards.
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In this example, the falling wedge serves being a reversal sign. Following a downtrend, the price created decrease highs and lessen lows.