02.07.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 20.05.2022

Relevance up to 13:00 UTC + 00

Technical analysis:

Exchange Rates 20.05.2022 analysis

BTC has been trading sideways at the price of $ 30,200 in the well defined trading range. Watch for potential breakout to confirm further direction.

Trading recommendation:

If the price breaks the pivot low at $ 28,600, there is potential for bigger drop towards $ 25,540. Under this condition selling will be preferable.

If the price breaks the pivot high at $ 32,500, there is potential for a rally towards $ 34,200. Buying opportunities will be preferable under this condition.

* The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert of InstaForex
© 2007-2022

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My name is Lawrence. I am one of the most famous forex trading schools. The purpose of creating this project is not only to give working advice on the Forex market, but also to warn beginners from fraudulent projects. Here we publish reviews of all Forex training scam projects, and professionally train those who have just decided to enter this niche.

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