OGFXTRADER

DXY Bullish Bias

Long
TVC:DXY   U.S. Dollar Index
After the FED decision on first rate cut in over 10 years, cutting its interest rate by 25 bp and formalized the end of QT (Quantitative Tightening), ending the fundamental expected for the market to break the weak resistance level. Forming a strong bullish candle on the weakly chart and still having some clear room for more bullish momentum, where in confluence with MACD buying signal with Stochastic and RSI still not in overbought zone. Giving opportunities in major pairs for nice entries this week.

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