European Futures higher ahead of US CPI data
– UR/USD:The pair has broken out of its flag pattern towards the upside on a 60 minute time frame. The next resistance is at 1.146 and the support is at 1.1024
– USD/JPY:The pair has broken its wedge pattern towards the downside on a 60 minute time frame. The next resistance is at 121.75 and the support is at 116.26.
– GBP/USD:The pair has formed a flag pattern on a 60 minute time frame. The resistance is near the 1.5530 and the next support is at 1.5107.
