the eur / usd pair back on the forex with the publication of the ipc event).
indeed, the us is we index (0.1% m / m to 0.2% and 0.0% for previously. in annual terms, the event’s cpi consensus to 1.7% compared with 1.8% 1.6%, after previously.
the event cpi core remains unchanged at 0.1% m / m, and 1.7% y / y. the consensus expected a rebound in 0.2% m / m.
the forex, eur / usd broke his immediate resistance to 1.1775 and continues to rebound.
the pair split over the 1.1800, to test the next key to 1.1825 threshold.
in fact, a break above the 1.1825 could strengthen the rise and return to the 1.1850 and recent summits in the area of 1.1890 / 1.1909.
in contrast, if the event is not above the 1.1825, there could be a period of consolidation in a range between upper and 1.1825 of 1.1775, we here the friday close tonight.
if eur / usd fell below 1.1775, the decline could be revived in the direction of the 1.1720 1.1750 and area.
so that means immediately became more bullish on the 1.1775, breakage of 1.1825 is required to be of recent high.
the moving average, 200 and 100 hours are 1.1797 and 1.1764 candidates respectively.
the eur / usd pair 1.1814 is currently on the forex.
the eur / usd graph h1
see also our.