Funda : Fed Chairman Jerome Powell noted that recovery is still far from complete and while inflation pressures could rise in coming months, effects would be temporary. US Dollar held losses after the speech from Powell and is expected to continue losses as more high impact news today might reveal good news causing the depreciation of the dollar.
And The Dow Jones is looking bullish from the 11720 area at the H2 Chart. So, TA and Funda not agreeing again?
Bullish interest - USDOLLAR.
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
And The Dow Jones is looking bullish from the 11720 area at the H2 Chart. So, TA and Funda not agreeing again?
Bullish interest - USDOLLAR.
.
Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Trade closed manually