Aleksin_Aleksandar

Dollar long view 100.00-101.00

Long
TVC:DXY   U.S. Dollar Index
As we can see in the chart, the dollar is consolidating around 99.00 levels. We are also seeing the formation of new higher lows, and we can expect a break above and a continuation towards the 100.00 level soon.
Tomorrow we will see a decision for the Fed's interest rate, which is expected to increase from 0.25% to 0.50%.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.