DXY Analysis Short 107.50 TP 105.70

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Hello Tradars

#DXY fall hard from 110 to 106 then had acorrection up to 107.50

The Initial Jobless Claims Was a bit high, but #PCE Inflation was cool.

#FEDS are sceduled for 19 March 2025 Meeting and 93% Forecast they will hold rates unchanged.

Unchanged Rate is postive for the #DXY however, cooling PCE gives us a hint that they are lowring rates a bit faster after that, so we could see investors having a head start and selling DXY sooner, as well we coudl see #US10Y dropping.

Anyway. DXY at 107.50 is only sell, the next Level is 108.

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