The short-term negative bias for the USD is still in play, but we have gone rangebound. However, the major behaviour now is the volatility contraction that is setting up an explosive move. We would favour a move to the downside, but who knows.
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.
