Sforex

USDollar next week: FOMC Minutes + US CPI in the focus.

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
4
In this topic, I talk about the support which I believe USDollar will bounce from this level.


Indeed, I see USDollar react exactly what I expect.

In my opinion, I think this trend should continue : And the convergence of SMA50 + SMA100 will be the strong support.

Next week, main focus is US CPI and FOMC Minutes on Wednesday, and I expect this risk event would support USDollar.

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