Last night FED declared an increment of 25bps of interest rate as consensus.
I believe the action will come back to seller start pressuring dollar again due to no more bullet to fear (interest rate and trade war is look easing by now, Japan discuss trade with US) and base on the technical analysis.
As show in chart DXY now playing at the resistance or the top area of channeling. Now we will wait for the selling pressure for overcome to start Selling the USD.
I believe the action will come back to seller start pressuring dollar again due to no more bullet to fear (interest rate and trade war is look easing by now, Japan discuss trade with US) and base on the technical analysis.
As show in chart DXY now playing at the resistance or the top area of channeling. Now we will wait for the selling pressure for overcome to start Selling the USD.