Markets at this hour
Forex NewsThe USD continues under severe pressure vs the Europeans, in a rather one-sided, sometimes very liquidative market. The USD should correct its extreme OS condition vs the CHF, but again, today is Friday and nothing is guaranteed, but definitely going short the USD is rather risky at current levels.
The Euro is easing a bit at the moment after having spent the last 5 candles OUT OF BOUNDS. Current extreme Ob level is 1.5610, and so prices are back inside the range, and I definitely expect a better correction from here.
