We're sharing the 1H chart we shared earlier with the levels to target and potential reaction regions for the remainder of the session. Please also have a look at our daily chart which shows the daily level we had added on Sunday to the upside which has nearly been tapped into.
Bullish above 1876 with targets above 1890 and above that 1901
Bearish on break of 1876 with targets below 1860 and below that 1855
Summary:
CPI today so we should see this settle in preparation for the release. Excalibur completed to the upside with a nice clean move, however, that doesn’t mean there isn’t room for more. 1895-1900 are towards the top end which the price needs to stay below, 1850-55 is the swoop! This gives you an idea of what they can do over today and tomorrow.