...back @ desk with my last update of charts today, so less to do tomorrow morning. Better than forecast U.s Retail Sales # didn't seem to help the $ much today. Today's CDH which is also the CWH/CMH met supply in the dly part of the aforementioned prev 1hr/minor 4hr/minor dly sw hi zone = prev res now = pot res that extends up to 3681, this a 1st test of the pot 4hr/dly minor sbr zone = prev sbr = pot sbr that starts @ 3673, and extends up to circa 3691 on dly t/f, and contains Mthly R1 @/around 3683. Above these, some pot res stuff on 1hr and 4hr up to the prev 1hr/4hr/dly/minor wkly/minor mthly sw hi zone = pot res that extends up to 3788 CYH. Wkly R3 is @/around 3713. Price remains above 3590 LWH and 3595 LMH right now, and is crrently above Wkly R2 after the upside b/o of it earlier today.
Tomorrow's main scheduled event risks that may cause some movement are Uk Cpi/Rpi, then U.s Fed's Fomc stuff later of course. As Zebi alluded to in one of his posts above, we could even see a new CYH above the current 3788, tomorrow or on subsequent days, depending on the U.s rate cut size (if that transpires,) and the Fomc statement's tone.
EDIT: added a bit.
Dly below
Tomorrow's main scheduled event risks that may cause some movement are Uk Cpi/Rpi, then U.s Fed's Fomc stuff later of course. As Zebi alluded to in one of his posts above, we could even see a new CYH above the current 3788, tomorrow or on subsequent days, depending on the U.s rate cut size (if that transpires,) and the Fomc statement's tone.
EDIT: added a bit.
Dly below
Trader with an Edge.
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