Elliot wave nearing 4/5
Obviously the debt ceiling was going to be expanded since the Americans will not give up their "credibility" and the world reserve currency Expect weekly to close around $27.250
Wednesday
- French, Italian, and German inflation YOY
- Japanese Consumer confidence
Thursday
- Inflation and unemployment rate eurozone YOY
- US ISM manufacturing PMI
Friday
- US Unemploymentrate and non-farm payrolls
Looks reasonable to retest the former range when taking the Elliot Wave into account, $25.200 range top June 2022 – March 2023 has a lot of liquidity. However I am bullish from here
Target for June would be approximately around $35
Wednesday
- French, Italian, and German inflation YOY
- Japanese Consumer confidence
Thursday
- Inflation and unemployment rate eurozone YOY
- US ISM manufacturing PMI
Friday
- US Unemploymentrate and non-farm payrolls
Looks reasonable to retest the former range when taking the Elliot Wave into account, $25.200 range top June 2022 – March 2023 has a lot of liquidity. However I am bullish from here
Target for June would be approximately around $35
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