US fundamental on CPI remained unchanged, this was a pivotal macro indicator which large investors were waiting for, sentiment, therefore, remains more at ease, from a technical perspective price tapped a key liquidity barrier however we rejected this zone with an evening star reversal pattern then a 4HR bearish engulfing candle closing below a minor trendline signifying large downside pressure, its likely that price could rally to targeted zone of 1.25000 then potentially extend to a psychological level of 1.20000
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