DXY at a Key Moment Before the FOMC Meeting
At the moment, DXY remains well above the bullish zone of 99.5, indicating a possible strengthening of the US dollar.
The price may continue to stay in this zone until tomorrow.
Most likely, the FOMC meeting, scheduled for tomorrow, Wednesday, June 17, will bring some clarity regarding the future direction of the US dollar.
However, from this configuration, the US dollar remains bullish for the time being.
We need to be careful tomorrow during the FOMC meeting.
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment
At the moment, DXY remains well above the bullish zone of 99.5, indicating a possible strengthening of the US dollar.
The price may continue to stay in this zone until tomorrow.
Most likely, the FOMC meeting, scheduled for tomorrow, Wednesday, June 17, will bring some clarity regarding the future direction of the US dollar.
However, from this configuration, the US dollar remains bullish for the time being.
We need to be careful tomorrow during the FOMC meeting.
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment
Trade closed: target reached
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.