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Analysis on #EURUSD
Today is US CPI day, its very important to see if will have a trend and what number will come out, the FED data projects the CPI will be at its highest level in 8 years.
it is dangerous to try o predict market movement before such important news.
we can look at the bigger picture and try to have a plan before the news so we can be ready to act once the market move.
looking at the chart I am not interested in doing anything right now, but if the market move to my kill zone after the CPI release I will then wait for the market to provide a valid reason to get me in a sell trade
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
Analysis on #EURUSD
Today is US CPI day, its very important to see if will have a trend and what number will come out, the FED data projects the CPI will be at its highest level in 8 years.
it is dangerous to try o predict market movement before such important news.
we can look at the bigger picture and try to have a plan before the news so we can be ready to act once the market move.
looking at the chart I am not interested in doing anything right now, but if the market move to my kill zone after the CPI release I will then wait for the market to provide a valid reason to get me in a sell trade
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
