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Maule
Dec 10, 2021 12:51 PM

Going Down Short

U.S. Dollar/Japanese YenFXCM

Description

CPI data coming out.
Previous unemployment data showed more people working.
More people working = more spending = higher inflation = expect CPI to be higher.
Fed announced they are reducing tapering.
Expectation. Fed may increase rates soon after.

Comment

(DISCLAIMER, this is for educational purposes. Trade at your own risk.)

(These posts are intended to keep Elliot Wave alive since everyone and their grandmother only does Supply/Demand nowadays.)
Comments
Tamoti
Do you have the telegram channel signals ? I love the elliot waves.
Maule
@Tamoti, Sorry I don't give signals. I'm just a part time trader who enjoys the challenge of solving puzzles.
Tamoti
wonderfull analyse, thanks
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