AliSignals

EURUSD Regarding the CPI

Long
FX:EURUSD   Euro / U.S. Dollar
Based on the strong bullish move observed in the US news market, particularly with positive figures in Core CPI, Core Retail Sales, and CPI, as well as a notable increase in CPI y/y, it's reasonable to anticipate a bullish sentiment for the USD. The Empire State Manufacturing Index, however, showed a slight decrease.

In light of this, we could expect any retracement to the starting points as indicative of the presence of strong buyers. This scenario remains valid until the emergence of bearish news for EURUSD.

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