Bullish Opportunity: Buy Setup at support Ahead of Key CPI

We are looking to buy at 1.050 area

Key Levels:
Entry: 1.050 (support level)
Take Profit (TP): 1.05979
Stop Loss (SL): Adjust to match your preferred risk-to-reward ratio.
1.045 is a reasonable SL
The price is expected to find support near 1.050, with the potential for a bullish rebound toward the resistance zone at 1.05979.
Bespoke resistance lies further up at 1.064 providing longer-term bullish potential if this level breaks.
Caution:
This trade setup assumes that the US CPI data due tomorrow will come out weaker than expected, which could favor a bullish move in this pair. Monitor the news closely before committing to this trade, as stronger-than-expected CPI figures could invalidate the setup.
Заметка
Put a pause on this buy ,EUR news tomorrow I am expecting a dovish tone from the ECB
Chart PatternsFundamental AnalysisTrend Analysis

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