The price has bounced up towards our profit target previously. Now we remain bullish above 119.45 support (Fibonacci retracement, horizontal pullback support, and recent swing low support) for a push up to 120.72 resistance (Fibonacci…
A pale recession is a term describing a recession that does not have much impact on the economy. Former Federal Reserve Chairman Alan Greenspan coined this term in a 2008 television interview. At the time, unemployment had not declined as much as expected during the recession, prompting him to comment on the fortitude of the imposition on the economy. A pale recession is generally better than a strong recession, though some analysts might argue that when a recession seems pale, it is just not hit its full stride yet. In other words, a pale recession may be a sign that a recession is only just getting started.
This News Was Syndicated From: Forex Videos
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices.
STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice if you wish to trade on global markets and ensure you are familiar with the risks.