div.+HP+WW but waiting for price return into channel

on the chart some harmonic patterns along with wolfe wave and RSI divergence are seen but please wait for price return into channel to execute trade
first target is 1.012 and then second one is 0.9864


In economic news, domestically, Euro Zone economic sentiment rebounded in November slightly more than expected, data showed on Tuesday, rising for the first time since the Russian invasion of Ukraine in February on more optimism among consumers and in services.

The European Commission said its economic sentiment indicator rose to 93.7 in November from 92.7 in October, marginally beating consensus estimates in a Reuters poll of economists of a rise to 93.5.

Additionally, data on Tuesday showed price pressures in Spain and Germany were easing considerably, while a separate survey said inflation expectations among consumers and business in the Euro Zone fell sharply in November from October.

Comment:

On Wednesday, Fed Chair Powell confirmed that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation and labor market growth as largely inadequate.

Following the trail set forth by other central bank policymakers earlier in the week and the recent minutes from the last Federal Open Market Committee (FOMC) meeting. Powell said he sees the central bank in position to reduce the size of rate hikes as soon as next month. Nonetheless, he did caution that monetary policy is likely to stay restrictive for some time until real signs of progress emerge on inflation.