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BTCUSD recovery extends into second straight day and cracks 111K barrier, following another strong downside rejection (Friday’s spike to 103500 zone and short-lived break below ascending 200DMA). Double weekly candle with long tail added to recovery prospects, along with revived risk aversion and signals of potential easing of tensions between the US and China that […]

The post BTCUSD: Recovery Extends into Second Straight Day But Risk of Stall Under Daily Cloud Persists appeared first on Action Forex.

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