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Trade_Journal
Dec 27, 2022 12:12 PM

Sit & Wait... 

U.S. Dollar Currency IndexTVC

Description

Sit & Wait...

DXY - Still within the range a break to either direction.

Trade Journal

Comment

It's just at bottom range, no significant change. Don't get too excited low liquidity and wide spread - this should move further mid week for further clarification!

Comment

Fundamentals: A lot of data Weds, Thur & Fri

FOMC Wednesday

Comment

We currently at resistance, break above current levels 1.05 3/4 areas next area.

Comment

back in range, we got lot of US data coming out this week.... Get ready!

Comment

Once mins come out from FOMC things are going to be shifted or we could be in range...Be aware of your positions. Precious metals slumped a little due to ISM...lets see if this continues if it does I expect dollar rally shorter term... If NOT - THE TREND IS YOUR FRIEND!!

Trade Safe,

TJ
Comments
JoeChampion
Good work mate, keep us updated!
Trade_Journal
@JoeChampion Thanks, will do!
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