The High Of The Day (HOD) and Low Of The Day (LOD) base IPDA (Interbank Price Delivery Algorithm) CBDR Range (Central Bank Dealer Ranges) usually form at STDV 2-STDV 4 in the normal condition market but sometimes can reach to the STDV 5-STDV 6. Here's today level:
STDV 10 - 1.1276.
STDV 9 - 1.1258.
STDV 8 - 1.1240.
STDV 7 - 1.1222.
STDV 6 - 1.1204.
STDV 5 - 1.1186.
STDV 4 - 1.1168.
STDV 3 - 1.1150.
STDV 2 - 1.1132.
STDV 1 - 1.1114.
CBDR - 1.1096.
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CBDR - 1.1078.
STDV 1 - 1.1060.
STDV 2 - 1.1042.
STDV 3 - 1.1024.
STDV 4 - 1.1006.
STDV 5 - 1.0988.
STDV 6 - 1.0970.
STDV 7 - 1.0952.
STDV 8 - 1.0934.
STDV 9 - 1.0916.
STDV 10 - 1.0898.
Please pay attention for the today's STDV 1 @ 1.1060 & STDV 2 @ 1.1042 bellow the CBDR (Central Bank Dealer Range) because they're confluence with the Previous day STDV 5 at 1.1059 & STDV 8 at 1.1041 below the previous Flout Range Pay attention too for the confluence level above today's CBDR STDV 1 at 1.1114 and STDV 3 at 1.1150 with the previous day above the Flout Range STDV 3 at 1.1114 and STDV 10 at 1.1149, usually the confluence level will be a significant level turning back point for the price.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com