Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 104.3 zone. since the last FOMC USD have showed a strong bearish momentum. first of all there was a soft rate hike of 25 bps and secondly in the speech after the meeting fed Powell didn't showed any intents for further rate hikes which is considered dovish. Technically if we get any extending pullbacks from 102 support we can see a strong selling opportunity around 104.3 zone support and resistance zone at the major trend.
trade safe, Joe.
trade safe, Joe.
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.