With the FOMC rate decision behind us and the committee deciding to raise rates every other meeting for the next two years. I expect the currency majors to move in the direction of the dollar. So whether the dollar is in the quote or base position buy the dollar on dips. The market is pricing in the rate hikes now. The short term D1 target is $97.35.
Trade closed: target reached:
It did hit 97.35 (R2)