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Get the day started by reviewing the major currency pairs from a technical perspective

The morning forex technical report for January 11, 2023.

The US CPI will be released at 8:30 AM ET tomorrow with the focus on things like the services CPI ex shelter as per Feds Daly. See post https://www.forexlive.com/centralbank/what-exactly-is-cpi-ex-rent-and-shelter-doing-20230110/ discussing that measure of inflation.

Additionally, Greg Michalowski of Forexlive looks at the technical levels driving the EURUSD, USDJPY, GBPUSD, USDCHF and the USDCAD today. 

What is the price action saying? 
What are the technicals telling us?  

Watch and learn.
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