US Dollar Index

Interest Rate Decision and DXY – 1-Week - Tradertilki Analysis

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My friends,

Today, the most important fundamental news from the U.S. will be the interest rate decision.

This data will determine the direction of both gold and cryptocurrencies.

If there is an interest rate cut, gold and bitcoin will rise; if there is a rate hike, gold and bitcoin will fall.

Before approaching other trades today, I believe it is beneficial to wait for this important news release.

If DXY manages to break above the 101,550 – 99,143 levels, the first level it will want to test is 103,360.

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