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  1. #1
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    Default EURUSD:USD remains indecisive prior to CPI data

    Hey Traders, taking a look at DXY seems like the market has changed the plan and wants to remain indecisive until the release of CPI to have more of a clear vision what would be the Fed's next move. From now on USD choose to take a break and I think this break will continue in the short term as we approach CPI data.
    Technically we have noticed a decent breakout on EURUSD downtrend so i will be monitoring the price action around 1.063 zone for a potential retrace.
    Trade safe.
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    Senior Investor Uncle Gober's Avatar
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    There are so many important things and factors in forex that traders must understand and learn, that's why I myself still do a lot of training and learning at Tickmill broker, with the education provided by them, I can also better understand the forex market and be better at trading.

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