EURUSD 12 Jan 2024 W2 - Intraday Analysis - US PPI Day

This is my Intraday analysis on EURUSD for 12 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:

4H
15m

NOTE : Nothing changed much also yesterday even with CPI news. a whole ranging week and i wish we get out of that range today so we can have better opportunities next week. Wishing everyone a good weekend.

4H Chart Analysis

https://www.tradingview.com/x/PfXEEGM3/

1.

Swing Bullish
INT Bullish
Reached EQ

2.

Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.

3.

Swing extreme demand for possible continuation to the upside.

15m Chart Analysis

https://www.tradingview.com/x/37qF6J4U/

1.

Swing Bullish
Internal Bullish

2.

INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a 15m/4H Demand zone.
This demand is mitigated now we are currently ranging.
For me it's clear now that market is waiting for CPI news today which will will provide us a clear view for next week.

3.

After CPI news yesterday, we pushed above range high (NFP High) which enabled me after to mark INT Structure high as we did a CHoCH.
Currently we still ranging inside the INT Structure. My Bias still Bullish till we see bearish Structures.