Core CPI m/m Previous- 0.3% Forecast- 0.3% (High Impact Flat Numbers so don’t expect much reaction unless numbers comes in higher or lower)
CPI m/m Previous- 0.2% Forecast-0.2% (High Impact Flat Numbers so don’t expect much reaction unless numbers comes in higher or lower)
CPI y/y Previous- 2.4% Forecast- 2.6% (High impact Bullish. If numbers come in as expected we can expect DXY to continue pumping and the need for a further rate cut less and less. If number comes in lower than we can see a strong retracement on the DXY highly likely)
Immediate resistance is 1.0626 on 20 EMA. Next numbers to watch out for are 1.04500 for High TF Support snd 1.816 for High TF resistance.
I hope this helps and see you all bright and early in New York session. Cheers 🥂
EURUSD Lot's of confluences to go short on 1 hr chart: 1. Hidden Bearish divergence 2. Price and volume divergence 3. fib retracement to 38.2 4. retracement to previous low. 5. price broke through retracement line tradingview.com/x/EyvahgNx