DislikedClosed my long USDCAD for a whopping +3.2 pips. For those of you who have a better grasp of PVSRA than me (most of you), do you think most of the volume is happening at the lows? Here's a 5 min chart with areas marked. The actual high volume is easier to see on the 1min... {image}Ignored
ElectroGypsy,
I am short this pair, and also thinking of closing it, but as much as PVSRA is so difficult while tightly ranging, my conclusion still is that the MMs are bears that are just supporting the price in an effort to attract longs for liquidity for their shorting.
The MMs might be waiting for the "Fed Chair" release for their next move.