The USD could suffer a setback this week as the trade war risk continues despite there being some advancements. The FOMC is set to release their latest meeting minutes with it expected to re-iterate the FOMC stance on data and with the data out of the US becoming softer a dovish tone is more likely. Price could push back into the 38.2 fib and key $96.00 level.
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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.