The US Dollar ascendency got back on track last week as markets eye Wednesday’s Federal Reserve rate decision ahead of the ECB and the BoJ’s meetings. Will the DXY (USD) trend north?
Main scenario: consider long positions above the level of 142.24 with a target of 151.77 – 155.00 once a correction is formed. Alternative scenario: breakout and consolidation below the level of 142.
Leave a Comment