US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC
US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC 2021-01-27 07:30:00 Daniel Moss, Analyst US Dollar Index, DXY, Federal Reserve Interest Rate Decision, FOMC, Coronavirus – Talking Points: Equity markets crept cautiously higher during APAC trade. USD could come under further pressure as the FOMC rate decision shifts into focus. The US Dollar Index (DXY) at risk of extended declines as price carves out a bearish Head and Shoulders pattern. Advertisement Asia-Pacific Recap Equity mark...
Source: dailyfx.com