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Is DXY retesting 107 again?
U.S. Dollar Index
Long
Is DXY retesting 107 again?
By MasihNabizadeh
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Oct 31, 2023
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Oct 31, 2023
In the 4H timeframe there is a bullish movement for DXY reaching near 107 which is the main resistance level in daily timeframe.
Tomorrow is FOMC meeting so the volatility is high and i think we might see some retracement down from 107 and the the bullish trend will continue.
But I strongly suggest to do not trade near FOMC meeting.
Chart Patterns
DXY
dxyindex
Trend Analysis
USD
MasihNabizadeh
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