Since Tuesday’s sharp selloff triggered a spike in volatility, it looks like today’s bullish price action may be in reaction to that downward spike. The volatility spike is reflected in the relatively large ranged red candlestick that occurred on that day. Following Wednesday’s dip to a new trend low of 1,984, Thursday’s bullish breakout shows buyers again taking control. A…
This story from fxempire.com was posted on 2024-02-16 by @greenix.