So we come to one of the last staging posts on our journey to confirm or otherwise a further 75bp hike from the Fed. September CPI arrives this afternoon and given the recent prints it will provide some fun and games. Expectations are for Headline monthly to come in at 0.2 with YoY at 8.1% with the Core equivalents at 0.5% and 6.5% respectively.
Hmmmm....Price has reached an interesting area. Lets wait and see, but a possible sell here. -FIb -Support -RSI OS Just waiting for the candle to close.
I believe there should be some retracement of the current down move and i will try to catch it. It is a hazzardous trade. Have my BUY Limit @ 1.3025 100 pips TP 50 pips SL