U.S. Dollar Index 12H TA : 06.13.22

As you can see, the price has reached an important SUPPLY ZONE and we have to wait for seeing any negative reaction from the Dollar Index with the start of the new trading week. This week (Tuesday) we have the announcement of the PPI index , which is part of the inflation data . On Wednesday, we also have FOMC Press Conference to increase or not increase interest rates, which forecasts indicate a half percent increase in interest rates. Of course, this news has been anticipated to some extent, but we still have to see the momentary effect of the news on the chart and trade based on the fact, so until then we do not prejudge the market and only consider different scenarios.

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.13.2022
⚠️(DYOR)

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