Two Bullish Scenarios Targeting 406-447 Zone – Forex Market Analysis – ForexCycle.com
Micron (MU) delivered a strong second quarter because AI memory demand expanded rapidly. Moreover, revenue exceeded expectations, which boosted institutional confidence. However, the market reacted cautiously since memory pricing remains highly cyclical. Therefore, analysts expect continued volatility while Micron manages inventories and increases capacity. Even so, the consensus stays bullish because AI supports a favorable…