The price is currently hovering around a daily imbalance level near 1.025, which could lead to two potential scenarios. If the market respects this imbalance, I’ll be looking for long opportunities, anticipating a bullish move toward the 1.03542 (high of the CPI manipulation). On the other hand, if the market invalidates the imbalance, I’ll shift my focus to short opportunities, targeting the lower low level at 1.01780. I’ll be keeping a close eye on how the market reacts next.
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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.