FX CHART OF THE DAY: USDNOK RANGEBOUND TRADING

95
USDNOK has been trading laterally for some time now and no sits right on its weekly (120-h) mean. Volatility (measured by 3.2 st deviations) is compressing and there is no apparent slope of the mean.

As there are no significant news (calendar events) coming out on the USDNOK today. traders can pick trades both ways, betting that the price will keep reverting to the mean from its 1st standard deviation

Each new approach to the border of the lateral range is a risk of breakout/breakdown, so traders should not forget putting their stops close to relevant peaks/lows.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。