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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 · 1 points
Interesting breakdown. Do you see any specific event on the horizon that could act as a catalyst for a break out of that range, especially for the upside move to 33.9?