Trading a range - and Fed liquidity
DXY Seems range bound, and the Fed is pumping more liquidity into system with its not-QE QE. This could see weakening US Dollar.
Trade closed: stop reached
I set a tight stop at 98.35. But there is definitely an opportunity here for short. Watch closely for resistance.
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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.