Sforex

USDollar: no major data. risk appetite plays the key role

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
Next week, no major US economic data, market shifts attetion to other currencies:

- Australia CPI
- RBNZ Meeting
- BOE Meeting

Lack of data , risk appetite will play the key role in driving the greenback.

Like I said in the recent topic,USDollat met resistance at 97.72. I wait for the breakout, and indeed USDollar pierced the resistance.

We have enough necessary fuel to rally.

I expect USDollar firmly rallies next week.


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.