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JoeChampion
Mar 1, 2023 1:35 PM

EURUSD:USD remains indecisive prior to CPI data Long

Euro Fx/U.S. DollarFXCM

Description

Hey Traders, taking a look at DXY seems like the market have changed the plan and want to remains indecisive until the release of CPI to have more of a clear vision what would be Fed next move. From now on USD choose to take a break and i think this break will continue in the short term as we approach CPI data.
Technically we have noticed a decent breakout on EURUSD downtrend so i will be monitoring the price action around 1.063 zone for a potential retrace.
Trade safe, Joe.
Comments
FX_Professor
RLinda
Strong set-up, I like your work) Thanks friend)
JoeChampion
@RLinda, Thank you LInda
DeGRAM
Well done mate
JoeChampion
@DeGRAM, Thanks DeGRAM!
EMkioko

Check out this trendline buddy.
JoeChampion
@EMkioko good luck!
Williamforex
like it
JoeChampion
@Williamforex thank you William
Gold-Tech
Great idea, I like your chart
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