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Fibonacci levels

Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 8 May 2023 What is the opening price retracement in the forex market? Retracement is a common phenomenon in the forex market. It is a short-term price reversal, which can occur after an extended period of uptrend or downtrend. The opening price retracement in the forex market refers to the amount of retracement that takes place during the opening hours of trading. In this article, we will discuss what opening price retracement is and how it affects traders’ decisions in the forex market. What Is Opening Price Retracement? Opening price retracement refers to the amount of retracement that takes place during the first few hours of trading in a particular currency pair. It is important to note that this phenomenon occurs only when there has been an extended period of uptrend or downtrend prior to the start of trading. During this time, traders...