I can see that with the expectations of the upcoming CPI due on Monday.
1. Prices moved back into our NO TRADE ZONE (FAIR VALUE) after touching our Key retail area.
2. The initial direction is showing a downtrend.
personally feel the rally has been exhausted and is ready for cooling of the Euro/Jpy
MY EXPECTATIONS:
- Deflationary Data outcome for the CPI
- Weaker Euro
- Bad news for the Euro
TO PUSH DOWN PRICES FURTHER into my wholesaler area
1. Prices moved back into our NO TRADE ZONE (FAIR VALUE) after touching our Key retail area.
2. The initial direction is showing a downtrend.
personally feel the rally has been exhausted and is ready for cooling of the Euro/Jpy
MY EXPECTATIONS:
- Deflationary Data outcome for the CPI
- Weaker Euro
- Bad news for the Euro
TO PUSH DOWN PRICES FURTHER into my wholesaler area
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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.