BREAKING BREAKING BREAKING ๐ก
๐บ๐ธ U.S. Labor Market Weakness May Lead to Further Fed Rate Cuts ๐
Chris Iggo, an analyst at AXA Investment Managers, has highlighted that despite inflation remaining above target levels, the U.S. labor market is showing signs of weakness. This situation is likely to prompt the Federal Reserve to implement further interest rate cuts. Iggo noted that the delayed release of the U.S. non-farm payroll data for October and November confirms a trend that has been evident throughout the yearโemployment growth has stalled. He emphasized that investors should closely monitor U.S. labor market data for additional signs of weakness.
ATTENTION SIGNAL ALERT ๐กโ๏ธ
$CRV ๐
Pattern: Descending Channel Breakdown + Demand Zone Support ๐โ ๏ธ
LEVERAGE 3x -10x
LONG
Entry: 0.350 (After channel break & retest โ bullish close / strong wick rejection from demand)
SL (Below demand zone & recent liquidity sweep low)
TP 0.362 - 0.370 - 0.388 - 0.404
