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DXY fed moves

U.S. Dollar Index (TVC:DXY)  
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TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Indicators DXY Forex FOMC fed
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trendanalysis chartpattern indicator dxy forex fomc fed
With the upcoming FOMC rate decision, lets take a look back at previous decisions:
  • September 2018, spike in both directions, before basically unchanged on the hour. Moved higher through the end of week
    snapshot
  • November 2018, bullish move higher, through to end of week
    snapshot
  • December 2018, bullish move higher, complete reversal following day
    snapshot
  • January 2019, dovish into key support, 50% retrace by end of week
    snapshot
  • March 2019, dovish into key support, into complete reversal off support
    snapshot
  • May 2019, bullish initial reaction continuing on following day
    snapshot
Comment:
Comment:
snapshot
Strong follow through into a re-test of key trend line support, is there enough momentum to break through?
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