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DXY OVERVIEW AND ANALYSIS - SELLOFF AT FOMC PRESS CONFERENCE

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🟣DXY🟣 H4 CHART

As we witness the unfolding of a conflict in the Middle East this week I expect the commodities of OIL and GOLD to raise more after a pullback that will offer buy entries.

On my view the DXY index will pullback to the previous broken support now resistance in the 99.200 - 99.340 area and selloff to the weekly targets 97.500 and 96.800.

FOMC on Wednesday should catalyse this move and I expect the pullback to take place between the first days of the week
Dagangan aktif
pullback started as expected and now travelling to selloff point

Penafian

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