Oversold

A technical analytical term which describes a situation where the value of a currency pair has dropped so low that the price of that asset is expected to undergo a market correction upwards. If traders perceive an asset as oversold, sellers will thin out and buyers will come in, sending the price of the asset upwards.

By |2018-09-04T14:46:48+00:00September 4th, 2018|0 Comments

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