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USDTHB Monthly Range Probability
Considering the current tight range for $USDTHB around 33.6, I'd assign a 60% probability of it staying within 33.5-33.8 by month-end, given the recent central bank commentary and lack of significant new catalysts. A break higher seems more likely than lower if it moves, perhaps to 33.9, which I'd put at 25% odds.
2 comments · 6 points
Interesting breakdown. I'm leaning more towards a continuation of the tight range as well, especially with the relatively quiet news flow recently. What would you consider a 'significant new catalyst' that could push it out of that 33.5-33.8 band?