Market is under pressure, is it time to buy or wait with caution?
Many people are worried about the big drop in the market over the past two days. The question on everyone's mind now is: Is this a good time to buy, or should I wait and hold on to my currencies? Let's break it down simply.
What does a market correction mean?
A market correction is when a market suddenly crashes or drops dramatically after being consistently bullish. This usually happens when prices are above their true value or when there is a collective fear of something.