After a bull rally, we had a retracement up to EMA200 (135,200) as support.
The next 2 days (Dec 13th and 14th) will define the next trend with the CPI and FED Rate coming out.
The forecast is 0.50 increase by FED but if 0.75 happens to exist a greater control of inflation as some economists advocate, then we will have a strong USD.
A move up to 141.500 is a strong possibility.
The next 2 days (Dec 13th and 14th) will define the next trend with the CPI and FED Rate coming out.
The forecast is 0.50 increase by FED but if 0.75 happens to exist a greater control of inflation as some economists advocate, then we will have a strong USD.
A move up to 141.500 is a strong possibility.
Trade active
Testing support 130.400, we have to have a few days to definition trend.
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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.
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.