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Suppose You Have a Rule to Buy Euros Once the 50-Day

Question 182

Multiple Choice

Suppose you have a rule to buy euros once the 50-day average of euros crosses the 200-day average over a period of five minutes and to exit otherwise.What would happen if the euro rate crosses the 50-day average and lasts in the 200-day average for a period of three minutes?


A) The trade is executed successfully.
B) The trade is exited.
C) The automated system takes no action.
D) An alert is broadcast for further instructions.

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