$FDUSD is currently hovering near the lower Bollinger Band at 0.9976.
This suggests a potential overextension and a bounce-back opportunity.
Key support at 0.9975 remains strong, while resistance is at 0.9982.
Market volatility appears to be contracting, indicating a potential period of consolidation.
Consider placing a stop-loss slightly below 0.9975 to manage risk.
Traders should await a confirmed bounce off support before entering positions.
Set alerts near both key levels for potential trading opportunities.
