Stops triggered through the level on German coalition breakthrough

EURUSD hits a 3 year high up to 1.2120 receiving an extra boost a German coalition talks seem to head the right way. In addition the 1.2100 barrier holders didn’t resist to take the level out ahead of the US CPI’s . From here I expect us to settle a bit , possibly even seeing some TP selling ahead of a hot afternoon with US CPI’s , retail sales and real wages coming out all at 13.30 gmt.

Stay safe

Happy hunting


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