BXY under bearish pressure, bearish below first resistance level
BXY is approaching our first resistance where we might see a corresponding drop in price to our first support level at 6.974. Stochastic is also seeing bearish pressure from its resistance line.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results