November Forecast - Continue the rally ?
Currently, DXY is precisely at the trendline. There's no clear indication yet that it would reject the trendline or not. As long as it stays above the daily trendline, I reckon DXY will make a new high beyond 94 zones.
Next week we are all waiting for the US data to understand better the next DXY direction.
Catalyst:
- ISM Manufacturing PMI
- ADP Non-Farm Employment Change
- ISM Services PMI
- FOMC
- Unemployment claims
- NFP
Next week we are all waiting for the US data to understand better the next DXY direction.
Catalyst:
- ISM Manufacturing PMI
- ADP Non-Farm Employment Change
- ISM Services PMI
- FOMC
- Unemployment claims
- NFP
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