themarketzone

Dollar is testing critical support zone ahead of FOMC minutes

TVC:DXY   U.S. Dollar Currency Index
94-94.5 - Critical support zone that will be tested today after FOMC minutes.
We have major daily structure support and bullish Bat completion (with double bottom inside the PRZ)

A close below that zone can lead to a free fall in $DXY             and rally in the Majors.
As long as $DXY             remains above that support zone , it can pullback higher towards 200 days MA

Read more about pre-FOMC minutes analysis http://goo.gl/KRCsTr

Tomer, The MarketZone.net
@themarketzone on Twitter, marketzone on Snapchat


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