The price is consolidating above the support level in the H1 timeframe. According to the Fibonacci Retracement, we might see a bounce toward the 130.14 and 130.45, 50.0, and 61.8 Fibonacci levels, respectively.
❌SL: Below the support area
Be accurate! The US PPI will be announced in less than an hour!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.