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EURUSD Weekly Forecast and Technical Analysis: The U.S. CPI Ahead

EURUSD Weekly Forecast and Technical Analysis: The U.S. CPI Ahead

Economic Calendar:

Tuesday: Germany Industrial Production, The U.S. PPI

Wednesday: The U.S JOLTs Job Openings, FOMC Meeting Minutes

Thursday: The U.S. CPI

Friday: German CPI

Technicals:

The Main Trend: Strongly Bearish

Daily Chart Support: 1.08800

Daily Chart Resistance: 1.10440

Predicted Move: Bearish

Near Term Targets: 1.09500 1.09230 1.08800

Intraday Resistance: 1.10168

Harmonic Readings:

Bearish White Swan H1 Chart

Camel Unreg Bearish

Bullish Three Drives

Live Interactive Charts will be updated as soon as new patterns appear on the charts.

Levels, Patterns, Predicted Price Action as described in the video:

 

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

EURUSD Weekly Forecast: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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