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Feb 4, 2023 8:18 AM

DXY strong to the upside after FED meeting... Long

U.S. Dollar Currency IndexTVC

Description

DXY moving to the upside due to the interest hike by the FED, it means USD getting stronger, look for bullish for USD Pair at least for a week.

USDCAD - Bullish - as USD Strong, CAD (USOIL) will be traded to the south due to the slow demand as Operational Cost will be increased (USD).
USDJPY - Bullish - JPY so sensitive with the interest hike
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