U.S. Dollar IndexShort
USD INDEX
Impact prior / during FOMC news
Price may bounce in between 100.75 and 99.25 with a possible retest at 100.00 before a possible further downtrend.
However, if a rejection were to fail, then a possible further downtrend downwards below the 98.00 price zone level.
As of 30/4 is the last day before the closing month, a clear bearish closure below 100 key level may push down-ward to 95 and below.
Price may bounce in between 100.75 and 99.25 with a possible retest at 100.00 before a possible further downtrend.
However, if a rejection were to fail, then a possible further downtrend downwards below the 98.00 price zone level.
As of 30/4 is the last day before the closing month, a clear bearish closure below 100 key level may push down-ward to 95 and below.
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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.
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.