Does "News" Impact Price Behavior? 🐒

Updated
We can Observe that After the 1st Quarter of the Year, January-March the price of Eurusd has increased. Now As we near the middle of the second quarter, I can't help but visualize a Breakout.
Price is currently sitting at 1.102. So far price has respected the Weekly Level at 1.106. The High for the first quarter was 1.103. We have now spent quite a bit of time at these extreme prices. I can often observe price using News//Data Releases on Lower time frames as a boost. A Boost of momentum in the preceding direction.

I can observe 3 Potential News//Data Releases causing and becoming a Catalyst to leave a Large Trading Range.
1. NFP
2. CPI
3. FOMC Interest Rates.

Will FOMC provide the Volume?
Do we have enough Liquidity?
Or may price dip from here back to our 1.086 Weekly S/R Zone before increasing any further?

My Bias is Bullish moving into FOMC. Safe Trading Everyone.
Not Financial Advice. Educational Purposes Only.
Note
Price has made it's way back to 1.103 after pulling back to 1.092. Price used News (Job Openings) to reject our Daily Level's at 1.095 and 1.097. Price closed strongly
above 1.097 after leavong a slid bottom rejection wick of lower
prices as we move into a very important news release, FOMC. Interest Rates. Anticpating news to use be a ctalyst for a breakout from this 20-Day long range from
April 12' and the 1.103 High from Feb 2nd.
Note
19 Minutes until News Release.
Price has moved back up to the toop
of our Daily/Weekly Zones at 1.105.
Price is moving as anticipated.
snapshot
Note
Price is still trading in the Range between
1.105 weekly Level and 1.097 Daily Level. Maybe NFP will be the Catalyst to take us to the Top of the Range and skyrocket up to the next daily level at 1.115. Price has nearly touched 1.11 with FOMC data. Interest rates were raised 25 Basis points. Will the jobs report data be enough for us to finally create a new Quarterly High at 1.11 and Higher? snapshot
Note
It Appears price may be headed back to 1.086, as mentioned above for our Bearish Scenario. Price has failed to breach 1.106 Weekly Level with CPI. CPI coincided with the extreme prices around 1.10950. NFP caused a further drop of price as CPI failed to break us to the Upside. Now we have CPI. We have arrived back to the bottom of our Daily Range .. and currently sit in between Daily Level's 1.0948 and 1.097. Will CPI be a catalyst to break out of the bottom of the range and back to our 1.086 Weekly Support/Resistance Level? Or are these discount prices around here (1.0948 and 1.097) before CPI provides a catalyst to respect the bottom of the range and blast us back up to 1.106 and beyond to our next Daily Level 1.115 snapshot
Note
FOMC Data coincided with the High?
Is this a coincidence? I think not.

I Outlined a scenario where we may dip back to
1.086 S/R Weekly Zone before seeing anymore upside.

Are we headed back there?
snapshot
Note
1Hr Analysis .. You can Observe how FOMC Coincided with the High of the Range..
snapshot Eurusd Analysis
Note
Interest Rates news is the Key Driver of Price Action this quarter. What can we expect? Changes in Interest rates affects the flow of money. snapshot
Chart PatternsdollarEUEURUSDFOMCFundamental AnalysisinterestratesmomentumstrategymultitimeframeanalysisNEWSpriceactionTrend Analysis

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