I hope for a big draw without 120MA ๐
The price movements in the market were not bad even though the 120MA was returned to resistance due to a wait-and-see market yesterday.
Will the market view tonight's downturn in PPI forecasts as an easing of inflation or a rekindling of concerns about a recession?
My personal opinion is that tonight's price movements will be important as we refrain from announcing CPI and retail sales indicators from tomorrow onwards.
I want it to be the former ๐ the adjustments are already enough lol
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