This week, I watch Kumo cloud carefully. DXY needs to escapse Kumo cloud to confirm the bullish trend. Recent days, DXY tried to test Kumo cloud but unfortunately, it rejected this strong support.
No major US data this week, just a piece data :Retail Sales : could affect to USDollar, I think DXY just find momentum from other counterparts such as NZD, EUR, and JPY this week.
IT'S VERY DIFFICULT FOR EUR TO FALL DOWN, BUT I HOPE DXY COULD BREAK KUMO CLOUD; OTHERWISE IT WOULD RETEST THE LOW AT 93.35
Next week, we have a risk event: FED Meeting, risk appetite could trigger BUY orders ahead the meeting because Traders believe that FED will be more hawkish to prepare for first rate hike.
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- -TrackingForexSignals.com--
Do the Right thing- Think the right way.
No major US data this week, just a piece data :Retail Sales : could affect to USDollar, I think DXY just find momentum from other counterparts such as NZD, EUR, and JPY this week.
IT'S VERY DIFFICULT FOR EUR TO FALL DOWN, BUT I HOPE DXY COULD BREAK KUMO CLOUD; OTHERWISE IT WOULD RETEST THE LOW AT 93.35
Next week, we have a risk event: FED Meeting, risk appetite could trigger BUY orders ahead the meeting because Traders believe that FED will be more hawkish to prepare for first rate hike.
----------------------------
Any contact: LH admin: admin@trackingforexsignals.com
Support: support@trackingforexsignals.com
Website: www.trackingforexsignals.com
FB page: www.facebook.com/sforexsingals
Best Regard!
- -TrackingForexSignals.com--
Do the Right thing- Think the right way.