kjfxmonk

$DXY - USDollar Update - Still Bullish Post-FOMC?

TVC:DXY   U.S. Dollar Index
Dixie took a big hit after the FOMC on 3/20, but firm resistance in the 95.60-80 zone held well. $DXY is now battling previous support/resistance at 96.20, with $EURUSD slowly receding to 1.1350 again. I expect that the common currency will keep falling on news in the coming sessions, boosting the dollar back toward the 97 level. After that, who knows? #BREXIT comes into play big time. #FOREX

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