Perhaps this week's turnaround in the DXY correction is in its infancy?
DXY index ahead of the Federal Reserve certainly looks poised for further gains in line with the recent break of this week's highs and off today's support in the closing price of yesterday.
Fundamentals are aligned bullish also.
The risk to the Dollar would be on a dovish interpretation of the statement and Powell.
Some may argue that a 'buy the fact and sell the rumour' outcome could be the case.
DXY index ahead of the Federal Reserve certainly looks poised for further gains in line with the recent break of this week's highs and off today's support in the closing price of yesterday.
Fundamentals are aligned bullish also.
The risk to the Dollar would be on a dovish interpretation of the statement and Powell.
Some may argue that a 'buy the fact and sell the rumour' outcome could be the case.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.