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Treasury

Market Updates

12 Jan. 2018

Snapshot-EUR/USD popped up as expected, US CPI eyed !!

The EUR/USD popped up as expected to as high as  $ 1.2075 today.  

The EUR/USD popped up as expected to as high as  $ 1.2075 today.  

 

U.S consumer price index data will be closely scrutinized today for further direction on the market.

 

Here is a possible scenario ahead of U.S data tonight.

 

We are monitoring a possible Ending Diagonal formation which might send the EUR/USD back to 1.1800/50 in the coming days.

 

 

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