EUR/USD Key Zones Pre News | What Will US CPI Do To Markets?

Lower inflation is supportive of a quicker and more confident easing cycle from the FED.

If there are no real labour market issues either, noted via jobless claims later we may find rebounds to the upside.

Momentum is really supporting the short side and causes caution for longs just yet. No guarantee of further USD strength, or indeed weakness. Awaiting data.