EURUSD: A Structure Perspective

[skrimon]

EURUSD is close to the first and strongest resistance structure zone.

Currently, we have two factors that stopped the price near 1.0770.
The fist one is the structure and the second one is the Inflation numbers
that will be shared on Thursday.

So both stopped the price to rise further.

If the price will manage to break through 1.0770 than the next target
zone will be 1.1150.

So let's see what the CPI data and Powell's speech will bring us this time.

Thank you and Good Luck!