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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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.