DXY - Waiting Guidance from FOMC

Dollar is currently sitting very close to Bearish trendline like EURUSD and it needs a catalyst to break above or reject from here. With FOMC expected to keep rates unchanged and remain Hawkish, there's a high probability that this will break up for a Bullish move. However nothing can be confirmed until news comes. Therefore please remain cautious when trading around News.

For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.

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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.