DXY | Ready For Upside
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Hello Traders,
With the Fed meeting tomorrow I expect the dollar to strengthen. Although a rate hike is not likely until December, I believe the market will react now in preparation of the December rate hike.
The Percentage points represent the probability of the target to be hit.
With the Fed meeting tomorrow I expect the dollar to strengthen. Although a rate hike is not likely until December, I believe the market will react now in preparation of the December rate hike.
The Percentage points represent the probability of the target to be hit.
Note
TG 1 and 2 Hit
Note
UPDATE: TG 3 was hit. Now we face a crossroads. Do we test TG 3 and move down from here to continue to the larger trend or does the green back have a little bit left in its tank?
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