POG up from 1050 to 2260 peak without a pause. What's basic fx retracement rule?
Answer: 50% (more or less)
It will resume the bounce up after 50% retracement. It's forming a handle. Won't affect much on mining stocks during the retracement, but the inexperience fx traders will get shaken up & down like a milk shake.
Just chill out.
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