Overnight price action was within yesterday’s value area. Overnight high tested Wednesday’s VPOC and price came down and has taken out Asian low. With overnight VPOC just above yesterday’s.
Economic figures out earlier were worse than expected, however had little effect on price. The main driver is the US-China trade decision. All things being equal price is poised to go higher.
Economic figures out earlier were worse than expected, however had little effect on price. The main driver is the US-China trade decision. All things being equal price is poised to go higher.
Commento:
Target met.