NicoTradingMaster

The Fed has good reasons for raising interest rates

Long
TVC:DXY   U.S. Dollar Index
The war is escalating and gold is increasing very strongly recently

Major common currencies are maintaining their current positions and rising momentum

However, now the energy crisis is gradually starting as most warring countries are cutting production and stopping supply to the whole of Europe.

For the above reasons, it is certain that the Fed will once again step in to avoid inflation and push interest rates to the top like previous hawkish speeches.
Comment:
SELL DXY 106.55 - 106.80

✅TP1: 105.55
✅TP2 : 105.00
❌SL : 107.20

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