forex convergence
September 5th, 2010
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forex convergence
In Forex, what about convergence?
When all the indicators, or at least those who seek to meet. I think that works also if they are not particularly moving averages when three different time meets all the others. The significant "Wait a move imminent ", while the average Mobile opens.
Your Source for Daily Forex News & Analysis AUD / USD has begun to consolidate after a failed test of resistance in the ADM-20 0.9003 day. More general feeling seems directionless as traders try to decide if the recent flight to safety is overstated or no legitimate concerns that may warrant further pessimism.
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