Most of the concentration ( ) fell right around the middle of the daily range, suggesting that playing the edge of the range for potential rotations is a scenario to consider.
The intermarket studies ( DXY + bond yield spread) remain unambiguously , supporting the notion of buying on weakness at relevant decision points.
The key levels where clusters of demand may be found come at roughly 1.1310-1.13, followed by the 3rd touch of an uptrend line and ahead of Wednesday’s at 1.1345-50.
The overall structure of HH & HL coupled with constructive order flow as per the impulsive demand observed vs corrective setback (more 2-way business) supports the bias too.
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