Technicals Over Tightening: Ethereum Rebounds from $2,356 Low After Fed Shock 
Major Pair Currency Score: USDCAD and USDCHF Show Extreme Bullishness, EURUSD, GBPUSD, AUDUSD, and NZDUSD Bearish 
Major Pair Currency Score: EURUSD and GBPUSD Extremely Bearish, USDCAD and USDCHF Extremely Bullish 
FxWirePro: GBP/USD falls to six-week ,vulnerable to more downside 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY: Bearish Trend Favors Sellers on Rallies Near 90.18-20 Resistance 
Pressure on the Rupee: INR Slides to Seven-Week Low Amid Triple Macro Threat 
FxWirePro: GBP/NZD dips after Fed rate decision 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro: EUR/NZD edges lower, but outlook remain bullish 
AUDJPY Pullback Presents Selling Opportunity Above 110.50 
FxWirePro: USD/CNY dips as Yuan firms on PBOC firmer fixing 
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ETHUSD traded higher after the US CPI data.It hit a high of $2957 at the time of writing and is currently trading around $2943.47.
Core CPI came in at 0.30% m/m in line with the estimate of 0.30%. US core CPI YoY rose 3.60% in Apr from 3.8% the previous month, in line with the forecast.
The intraday bullishness is possible if it holds above $3000. On the higher side, the near-term resistance is $3000. Any significant jump above the target is $3200/ $3300/$3360/$3400/$3500/$3620/$3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $2800. Any breach below $2800 confirms bearish continuation. A dip to $2700/$2500 is possible. A violation below $2500 will drag the Ethereum to $2300/$2000.
It is good to buy on dips around $2800 with SL around $2500 for TP of $4000.
