U.S. Dollar IndexShort
DXY - Biased Lower post- FOMC
Powell has changed the language in the FOMC statement and has recognized the worse economic and financial conditions. The Fed is now on hold and perhaps in the future may need to lower rates.
For now, the USD has closed below the interim support and is now biased lower.
For now, the USD has closed below the interim support and is now biased lower.
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