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KarYong
Jun 13, 2017 7:46 AM

US Dollar - Make or break this week 

U.S. Dollar Currency IndexTVC

Description

The US Dollar (DXY) is in a decision point area where we see two high probability scenarios -

1) A reversal to the upside
2) A massive break down to the bottom

The 96.00 level will be the key for the Dollar Index.

For now, we are expecting the 1st scenario to have a higher probability of happening; and with the number of risk events from the US side this week, especially the FOMC meeting, we might get an answer within the week.

Trade your plan and always manage your risk.
Comments
Trend_Sniper10
What is your thought on EURUSD?
KarYong
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