From a fund-flow perspective: $US loses the 0.025 level
Key levels often have a large number of resting orders, and big players love to make their move around them: either push the price below the level to trigger stop-losses and then pull it back up, or drive it lower for real. To tell the difference, watch which side of the level trading volume is concentrated on.
This is not financial advice. Make your own decisions about buying and selling.
Key levels often have a large number of resting orders, and big players love to make their move around them: either push the price below the level to trigger stop-losses and then pull it back up, or drive it lower for real. To tell the difference, watch which side of the level trading volume is concentrated on.
This is not financial advice. Make your own decisions about buying and selling.