Forex Signals: EUR/USD Sell Setup Ahead of Fed Inflation Test
Created on
Last updated
The Fed's rate path now hinges on back-to-back CPI and PPI releases, and our forex signals desk is positioning EUR/USD for a bearish reaction if inflation prints hot, reinforcing dollar strength expectations.
This signal recommends a short entry at 1.0850, with Take Profit set at 1.0760 and Stop Loss placed at 1.0900, delivering a Risk/Reward ratio of roughly 1:1.8.
A hotter-than-expected inflation read would validate the setup quickly; a cooler print invalidates the bias and the stop should be respected without hesitation.