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.