Clearly, more trading is being done, even before the official open of the new Asian session, than prior. MMs do not hike the price and then build long! They hike the price then build short! The next question is will they hike again in conjunction with the Talking Head, or will that be the cue to pull the rug? Or, will the MMs keep ranging it until the USD release later in this day session, or even until the next one in the following day session?
We can never know. Isn't this exciting!