The NASDAQ index is leading the way with a gain of 1.3%, up 247 points or 19231.50.
Looking at the hourly chart, the price has moved above a channel trendline that comes across at 19130.21. That increases the bullish bias. There is no reason to sell unless the price were to move back below that line – and stay below that line.
This article was written by Greg Michalowski at www.forexlive.com.
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