Yesterday, the Purchasing Managers’ Index (PMI) data for both the UK and the US were released. According to ForexFactory, the UK figures were as follows: → Flash Manufacturing PMI: actual = 52.5, forecast = 52.1; previous = 52.1; → Flash Services PMI: actual = 53.3, forecast = 52.8; previous = 52.5. As SPGlobal reports, the […]
Key Highlights Bitcoin price corrected lower and tested the $41,800 support. BTC is trading above a key bullish trend line with support at $42,400 on the 4-hour chart. The price could start a strong increase if it clears the $43,450 and $44,000 resistance levels. Ethereum is aiming for a fresh increase above the $2,440 resistance. […]
The post Bitcoin Price Eyes Fresh Rally Unless This Support Gives Way appeared first on Action Forex.
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