As my analysis before, I mentioned that DXY could started to bullish again from 107.9 and other asset are tanking.
This is my view of DXY for this week :
This is my view of DXY for this week :
- DXY is now in corrective move and could sweep the liquidity between 109-108 area before continue upwards
- We will have FED % rate news release on 21th Wednesday with 75bps forecast
- This news will decide the next DXY move.
Note
DXY is moving as expected and breaking out 4H trendline support, next move could be a small bearish until 21th Sept.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.