The Federal Reserve has been increasing interest rates for the past 9 months, causing a ripple effect throughout the financial world. In recent week, we have seen 3 major banks collapse as a direct result of the interest rate hikes, which has caused trouble in the financial world as well. As a trader, it's essential to understand how these events can affect your...
The pair ratio has hit the resistance level - slightly downward sloping trendline of highs in last 2-3 years
Similarly, RSI has also hit the resistance level.
Good level for reversion towards 0.360
