đš Urgent Notice: US CPI Data Set to Shake the Markets! đš
Attention forex traders! The upcoming US Consumer Price Index (CPI) report is expected to bring major volatility to the markets, particularly impacting the US dollar! đ„
đ What to Watch For:
If inflation stays high, the dollar could strengthenâpotentially pushing EUR/USD below 1.08 and sending USD/JPY above 148! đđ„
If CPI shows cooling inflation, we might see a softer dollar. But analysts doubt EUR/USD will break past 1.11, as the market remains cautious about the Fed's next move. đ€
With the Fed's interest rate decisions in the balance, this CPI release could define the next key moves for the dollar. Get ready for some major market action! âĄ
đ Key Levels to Watch:
EUR/USD: Support at 1.08
USD/JPY: Could rally past 148
Stay sharp and be preparedâthis CPI report is set to be a game-changer for the forex markets! đ„
#CPI #DollarVolatility #BinanceTraders #CryptoUpdates #Write2Earn!