-Area to watch 1869-75, Break below would indicate the breaking of the bullish structure (trendline from 1680), The holding of the area would result in the revisiting of 1890 with a possibility of 1900.
-Bias towards short however, data from Inflation Rate YoY and Core Inflation Rate YoY could invalid the short bias.
Bullish Scenario played out very nicely. Targets of 1888, 1894 met. Top of the trendline has been touched. Missed 1900 by 6 pips as of now. Overall a successful catch.
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All three targets, 1855, 1847 and 1832 has been met! Perfect two trades.