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ForexTrendline
May 9, 2023 4:31 AM

EURUSD awaiting CPI Long

EURO / U.S. DOLLARICE

Description

Sideways movement continues, and yesterday again drop below 1,000.

Tomorrow is the US inflation data and we will probably see a breakout.

This will confirm the direction and will give us entry opportunities.

For now, the more likely direction remains upward , with GBPUSD still look better.
Comments
FirstNameHelen
Interesting analysis buddy, I like your work
KlejdiCuni
It looks like a very good scenario. Thanks for sharing
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