Market news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's buying and selling boundaries:
1.4013
Support and resistance levels:
1.4170
1.4112
1.4073
1.3952
1.3914
1.3855
Trading strategy:
If the price breaks through 1.4013, consider buying, the first target price is 1.4073
If the price breaks through 1.3952, consider selling, the first target price is 1.3914
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's buying and selling boundaries:
1.4013
Support and resistance levels:
1.4170
1.4112
1.4073
1.3952
1.3914
1.3855
Trading strategy:
If the price breaks through 1.4013, consider buying, the first target price is 1.4073
If the price breaks through 1.3952, consider selling, the first target price is 1.3914
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We share free trading signals of various products (XAUUSD, foreign exchange, oil, BTC) every day, with high accuracy and lucrative profits.
t.me/+aLnifhBYkww1ODlh
t.me/+aLnifhBYkww1ODlh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.