US DOLLAR AHEAD OF FED RATE HIKE

١٣ ديسمبر ٢٠١٧

Today the fed is expected to hike rates, looking at the daily chart of DXY, one could argue the rate hike is baked into the pie. However, anything can happen so we will look to be long above the resistance and short below the support. Once we have confirmation with a 4HR candle close we will know the short term direction of DXY.