Global Prime: Volume, Correlations, Technicals

zzzzhu456

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The first test of a macro resistance exhibited bearish dynamics to reverse a 3-day long bounce, and while the rejection was quite commanding for the interest of sellers, buyers were lined up to join the bid, which as noted would be an expected outcome due to the increasing volume sequence seen last Wed. By the end of Thursday though, the volume saw a slight decrease as buyers attempted to retest 1.1630, suggesting that at the bare minimum, we should expect some downward
 
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