CXY, is having trouble continuing upward in it's channel due to the micro-trend (white) visible here. micro-trends are weaker than major-trends, however, they do affect price-action as we can see, sometimes taking control from the major-trend for extended periods of time.
Note
CXY Breakout potential.Note
Gap-Up Breakout!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.