đź’¬Description: Aggressive shorts significantly pushed buyers beyond the level of 1900, thus we are now trading in the short zone. However, it should be noted that the fall is fading and an upward correction can be expected in the near future.
The instrument will most likely update its minimums this week. After this, in the 1860 area, a reversal can be expected. The entry point will be available only after it has been formed; it is not recommended to enter into the “emptiness” without confirmation.
🔔Let’s not forget about today’s data, especially before and at the beginning of the American session:
🇪🇺 ECB Economic Bulletin
🇪🇺 Consumer Confidence
🇪🇺 Consumer Inflation Expectation
🇩🇪 German CPI
🇺🇸 Initial Jobless Claims
🇺🇸 GDP
🇺🇸 KC Fed Manufacturing Index
🇺🇸 Fed Chair Powell Speaks
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