Support area: The previous update anticipated some support around the 200-day SMA down to a rising trendline that goes back to the lows in May. The rising trendline also was reinforced by a pivot area the May-July ascending triangle resistance. After consolidating there briefly over the latter half of
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The Forex Trading System articles are strictly informational publications and do not provide personalized or individualized investment or trading advice. Commodity futures and forex trading involves substantial risk of loss and may not be suitable for you. The money you allocate to futures or forex trading should be money that you can afford to lose.
