The high of the day and low of the day from the Central Bank Dealer Range (CBDR) are usually formed at the STDV 2-STDV 4 in the normal market condition. Sometimes, they can reach the STDV 5-STDV 6 during the high volatility condition in the market. Here are today's levels:
STDV 10 - 1.3493.
STDV 9 - 1.3457.
STDV 8 - 1.3421.
STDV 7 - 1.3385.
STDV 6 - 1.3349.
STDV 5 - 1.3313.
STDV 4 - 1.3277.
STDV 3 - 1.3241.
STDV 2 - 1.3205.
STDV 1 - 1.3169.
CBDR - 1.3133.
==================
CBDR - 1.3097.
STDV 1 - 1.3061.
STDV 2 - 1.3025.
STDV 3 - 1.2989.
STDV 4 - 1.2953.
STDV 5 - 1.2917.
STDV 6 - 1.2881.
STDV 7 - 1.2845.
STDV 8 - 1.2809.
STDV 9 - 1.2773.
STDV 10 - 1.2737.
Pay attention to the level of confluence between today's & yesterday range of 1.3169, 1.2917 and the previous day high of 1.3121 with the previous day low of 1.3073. All these levels could become a potential turning point.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com