EURUSD might test 1.07400 and become ranging before the news release of PPI which might be bullish it depends if the market stays ranging on its current price at 1.07664 PPI might bearish and respect the channel retest.
After a massive breakout during the cpi news expect to have a massive pullback at 1.07994 which is the untested rally base rally prepare for a buy limitt orders on this area with stoploss @ 1.07790 and tp at 1.09313 if this limit failed prepare for another buy limit at 1.07214 and stop loss at 1.06996
Gold is still in retracement stage. it failed to surpass the supply area @ 1971.33 which is also a previous support. Place a sell limit at 1971 sl @ 1977 and tp @ 1924. thanks me later
DXY made a huge drop after the release of the CPI news and made a break out at previous demand area @ 104.865. which also in the golden level of the fibonacci 0.618. Place a sell limit at 104.865 sl @ 104.875 tp @ 104. This is just an idea.
