Range

Monthly Range todate - 1.1124

Differences todate
Opening and High - 84 pips  (1.1208)
Opening and Low - 323 pips(1.0801)
Overall Range - 407 pips

If looking at this monthly range, it can be implied that the potential next week movement is bullish towards the next 300 pips momentum.


Weekly Range todate - 1.0823

Differences todate
Opening and High -138 pips (1.0961)
Opening and Low - 22 pips (1.0801)
Overall Range - 160 pips.

If i were to based on this understanding, the potential movement for the month between the last 2 weeks is bullish towards 1.14 as per previous calculations. If it breaks below 1.0801, the lowest it could go is 1.0774,