Currently, we are in the process of completing a correction space, there are three areas: 1-103.037 2-102,863 3-102.719 It was based on a combination of percentages of fibrizing waves with pivot points. The range of 102.719 is located in the vicinity of the static support range of 102.634 and provides suitable conditions for the upward trend. In case of failure of 102.634 support, we can finally estimate the completion of an ABCD pattern according to the current conditions.
(There is no certainty that all targets will be touched.)
I wonder what reaction we will get today after CPI and inflation print. If numbers are bad (and irrationality does not prevail once again), it could shock the market, acting as a tailwind for DXY. What are your thoughts?