Volatility is decreasing on multiple timeframes with lower highs and higher lows.
Low volatility begets High volatility with a squeeze often being followed by a volatility breakout/expansion.
It could be a sign of caution and patience for the upcoming AUD news but many institutional participants may take a directional position prior to the release prompting an early pre-news move
Low volatility begets High volatility with a squeeze often being followed by a volatility breakout/expansion.
It could be a sign of caution and patience for the upcoming AUD news but many institutional participants may take a directional position prior to the release prompting an early pre-news move
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.