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PakRT
Sep 17, 2022 4:59 AM

DXY next move Long

U.S. Dollar Currency IndexTVC

Description

As my analysis before, I mentioned that DXY could started to bullish again from 107.9 and other asset are tanking.

This is my view of DXY for this week :
  • DXY is now in corrective move and could sweep the liquidity between 109-108 area before continue upwards
  • We will have FED % rate news release on 21th Wednesday with 75bps forecast
  • This news will decide the next DXY move.

Comment

DXY is moving as expected and breaking out 4H trendline support, next move could be a small bearish until 21th Sept.
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