Fundamentals: CPI data higher than expected but m/m down compared to previous time. Worse US PPI's and a bit better unemployment claims expected, so manipulation to the upside is likely. Intermarket: Oil and Copper up -> Risk on -> USDJPY shouldve been up as well -> Intermarket Divergence Sentiment: Retail is Increasing their Shorts -> Retail is usually wrong -> Prices might continue to rise Technicals: Previous News level with 50% Fib level and Pivot+Volume Pull price up.
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