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The weekly price is breaking 200 SMA to above for the primary bullish weekly reversal:
the price is breaking the resistance level at 0.7141 for the 0.7670 as the next target to re-enter.

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Economic conditions are improving in Europe ahead of the ECB meeting next week but motivation to ‘stay the course’ remains very strong. Blockbuster week ahead as high-importance risk events stack up (FOMC, BoE, ECB, EU CPI and GDP, NFP and more).

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Consumer prices in New Zealand were up 7.2 percent on year in the fourth quarter of 2022, Statistics New Zealand said on Wednesday.

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The manufacturing sector in Australia slipped into contraction territory in January, the latest survey from Judo Bank revealed on Tuesday with a 32-month low manufacturing PMI score of 49.8.

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The US Dollar set a fresh seven-month-low this week while testing a key spot of support at the 50% mark of the two-year-trend. The daily price of Dollar Index (DXY) is located below Ichimoku cloud in the bearish area of the chart: the price was stopped by bearish triangle pattern with support level at 101.27 for the bearish trend to be continuing - the daily price is on flat or ranging market contiion for the waiting for the string trend to be started ...