USDOLLAR Index has touched today a key support and has printed a little rebound almost invisible in the 1D chart.
If that support is breached, then a trend reversal for USD may be on the cards, or at least an important consolidation phase.
Let the FOMC dust settle and see if this support holds or not.
I would expect more losses as the Fed policy announcement leaves makers with no room to boost rate hike speculation.
What do you think dear traders?
Do you think that CAD, GBP, EUR, AUD has already changed their polarities?
Cheers
R
If that support is breached, then a trend reversal for USD may be on the cards, or at least an important consolidation phase.
Let the FOMC dust settle and see if this support holds or not.
I would expect more losses as the Fed policy announcement leaves makers with no room to boost rate hike speculation.
What do you think dear traders?
Do you think that CAD, GBP, EUR, AUD has already changed their polarities?
Cheers
R