The intraday high and low from the Central Bank Dealer Range (CBDR) usually form on STDV 2-STDV 4 in the normal condition market but sometimes they can reach the STDV 5-STDV 6. Here are today's levels:
STDV 10 - 1.2870.
STDV 9 - 1.2829.
STDV 8 - 1.2788.
STDV 7 - 1.2747.
STDV 6 - 1.2706.
STDV 5 - 1.2665.
STDV 4 - 1.2624.
STDV 3 - 1.2583.
STDV 2 - 1.2542.
STDV 1 - 1.2501.
CBDR - 1.2460.
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CBDR - 1.2419.
STDV 1 - 1.2378.
STDV 2 - 1.2337.
STDV 3 - 1.2296.
STDV 4 - 1.2255.
STDV 5 - 1.2214.
STDV 6 - 1.2173.
STDV 7 - 1.2132.
STDV 8 - 1.2091.
STDV 9 - 1.2050.
STDV 10 - 1.2009.
Pay attention to the level between today's & yesterday range at 1.2296, 1.2583 & the previous day high 1.2517 with the previous day Low 1.2403. All these levels can be a potential turning point.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com