Key Events This Week:
1. OPEC Monthly Report - Tuesday
2. May #CPI Inflation data - Wednesday
3. Fed Interest Rate Decision - Wednesday
4. Fed Press Conference - Wednesday
5. May #PPI Inflation data - Thursday
6. MI Consumer Sentiment data - Friday
It's Fed week with inflation data
Bullish momentum might be back on Wednesdays if the #cpi data remains unchanged or cut lesser than 0.3%
Anything other than this, we are going more down for the moment.
Testing down the 65k support, see how it holds before testing 60k region.
But for now, all hands should be crossed.