SroshMayi

CPI vs U.S. Dollar Index

Long
SroshMayi Updated   
TVC:DXY   U.S. Dollar Index
CPI vs U.S. Dollar

The Movement will depend on the result of the CPI,
The result more than expected will support the rise in the US Dollar
but at first, will drop to touch their support which is 104.270, and then will push up to get 105.09 and then should break 105.100 to get 105.622

So be careful about the strong movement in the market

last idea:
Comment:
The price reached the target we mentioned which is 105.90

So, now it looks to reach 105.622
Comment:
🔴Be Aware Of Tomorrow...

🔹The Violent Movements Will Begins With These News
🔹(ADP) Nonfarm Employment Change
🔹Ism Manufacturing PMI
🔹Ism Manufacturing Prices
🔹Jolts Job Openings

🔹Most Importantly Fed Interest Rate Decision Also And U.S. Federal Open Market Committee (FOMC) Press Conference

🔴Federal Reserve Meeting Investors Will Turn Their Attention To The Federal Reserve's Policy Meeting Tomorrow, Eager To Hear Policymakers' Views On The State Of The Economy And The Future Outlook For Interest Rates.

🔴 Most Investors Are Betting That The Federal Reserve Has Finished Tightening Monetary Policy After Chairman Jerome Powell Said That Rising Long-term Yields Reduce The Need For Further Increases In Interest Rates.

It Will Be Controversial Tomorrow And The Markets Will Witness Great Volatility, Us Like Every Time Of Course, I will Be With You And By Your Side To Cover All The Economic Data And News That Will Be Issued And Analyze Their Impact On Global Markets

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