DXY: LONG [D] [10/07]
DXY | Strong | 100.00 – 96.50
- The FED looks to decrease interest rates in 2020 sending the Dollar lower last week and has since rebounded. Move towards 99.00 was seen in prior weeks.
- US-China trade war continues to influence the markets. This has not stopped China from buying US Bonds.
- Dollar has held under 99.00 since November 2018 and above the October 2018 lows around 95.00.
- Key BUY area 96.90/96.60 R30
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- The FED looks to decrease interest rates in 2020 sending the Dollar lower last week and has since rebounded. Move towards 99.00 was seen in prior weeks.
- US-China trade war continues to influence the markets. This has not stopped China from buying US Bonds.
- Dollar has held under 99.00 since November 2018 and above the October 2018 lows around 95.00.
- Key BUY area 96.90/96.60 R30
Subscribe AutoUFOs: tradewithufos.com/tradeaviator
Twitter: twitter.com/tradeaviator
YouTube Get Togethers: youtube.com/c/tradewithufos
Get Together Schedule: tradewithufos.com/get-together
Community: tradewithufos.com/actiontime
Facebook: facebook.com/tradewithufos
LinkedIn: linkedin.com/company/tradewithufos
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