Hi everyone - some beautiful price action on the EUR/USD chart this morning.
Our CBDR range was tight at 20 pips with IPDA true day range opening bullish indicating that I should be looking at sells during the London open hours. We marked up the standard deviation x2 into a 15M OB, entering off the SD 2 price point.
We have both FED's Chair Powell and ECB's president Lagarde both speaking at 12:30 UK time. Could we be seeing a new lower low today from today's current price action? Let's see what the key talking points are in today's speeches.
Aman | SMC Wolf FX
Our CBDR range was tight at 20 pips with IPDA true day range opening bullish indicating that I should be looking at sells during the London open hours. We marked up the standard deviation x2 into a 15M OB, entering off the SD 2 price point.
We have both FED's Chair Powell and ECB's president Lagarde both speaking at 12:30 UK time. Could we be seeing a new lower low today from today's current price action? Let's see what the key talking points are in today's speeches.
Aman | SMC Wolf FX
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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.