Cable has tagged the VI this morning & has made an intraday retreat but this is the early stages of the session. Stochastics shows oversold but no false bar yet. Support in addition to figure & VI is shaded in green & we can consider this a bearish bias should price break this zone.
Whatever the outcome, trading room members should look to utilize the trading tools & strategies to capitalize on any high probability opportunity. Watch for the session end nearing when evaluating good confluence of events.
Chart courtesy of Advanced Get. Data supplied by eSignal.