Please check SwIss Franc Futures (6S1!) and Japanese Yen Futures (6J1!).
Now overbought CHF is sold despite of anxiety about epidemic disease. In contrast, oversold JPY is started to be bought.
I think the recent trend lines are almost worthless.
Now overbought CHF is sold despite of anxiety about epidemic disease. In contrast, oversold JPY is started to be bought.
I think the recent trend lines are almost worthless.
I think scenario 3 may come true because trend line below almost overlaps with daily 100SMA. But I don't be sure about scenario 4.