Neutral Bias, but watching.

*** Monthly Technical Analysis Strong Sell***
*** Short Term Buy To Daily Resistance Level***
*** SMA 200 Sell @ Monthly Resistance Level***
*** 4hr Time Frame Technical indicators suggest short Buy***

***Fed raises rates by 0.25%, maintains outlook of three hikes for 2017***
*** US Dollar Index 97.16-0.34 (-0.35%) Pass Week Sentiment Bullish***

https://www.investing.com/news/forex-news/dollar-remains-at-lows-amid-soft-housing-data-496405

Commentaire:

We have broke through upward trend line broke straight through Daily support zone. Now we have reached to the Monthly Support zone. Still waiting for a set up to make a position for a long trade. Lets wait and see how it plays out. London session