Forex Trading Alert: USD Index at Fresh Lows

Earlier today, the USD Index extended losses against the basket of the major currencies as yesterday’s Fed statement didn’t give clear signal on the timing of its next rate hike. How did this drop affect the technical picture of EUR/USD, USD/CAD and AUD/USD? In our opinion, the following forex trading positions are justified – summary: EUR/USD: none GBP/USD: none USD/JPY: none USD/CAD: none USD/CHF: none AUD/USD: none
The Market Oracle

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