US Dollar Uptrend
Updated
USDXDaily Chart: Price hit recent support. Look for price to bounce and resume its uptrend.
***Price bounces higher every time price consolidates in the areas of the moving averages.***
Trade active
US Dollar bounced higher after touching key support area. Trend continuation, upside.Trade active
FEDs minutes more hawish than thought. FED may raise interest rates even more.Trade closed: target reached
US Dollar extended gains, just a day before Jackson Hole. Fed expected to continue raising rates in order to stall inflation, this information is reflected in US dollar's rise.
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