A stronger USD CPI and Retail Sales Data?

FX:EURUSD   Euro / U.S. Dollar

This evening, we have US CPI             and Retail Sales numbers. A strong result could give the USDJPY             the base to propel off.
However, with a strong data, I would be looking towards EURUSD             , to move lower from a breach of the 1.2350 level.
Mixed or weak data from the US and we could see USDJPY             plunge towards 106.
Trade closed: target reached
What a bounce back - great TP area and I had similar support and resistance lines
Jin_LCMSTraders Scottnoveldex
@Scottnoveldex, the lines are more important than most would realise

in this case, a respected tp line would have saved a very disastrous sl
Scottnoveldex Jin_LCMSTraders
@Jin_LCMSTraders, Yep agreed - setting realistic TP areas is a skill borne through experience and making the odd mistake hahaha!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out