Dollar is testing critical support zone ahead of FOMC minutes
94-94.5 - Critical support zone that will be tested today after FOMC minutes.
We have major daily structure support and bullish Bat completion (with double bottom inside the PRZ)
A close below that zone can lead to a free fall in $DXY and rally in the Majors.
As long as $DXY remains above that support zone, it can pullback higher towards 200 days MA
Read more about pre-FOMC minutes analysis goo.gl/KRCsTr
Tomer, The MarketZone.net
@themarketzone on Twitter, marketzone on Snapchat
Follow me on TradingView
Follow my blog - goo.gl/TWWN8C
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We have major daily structure support and bullish Bat completion (with double bottom inside the PRZ)
A close below that zone can lead to a free fall in $DXY and rally in the Majors.
As long as $DXY remains above that support zone, it can pullback higher towards 200 days MA
Read more about pre-FOMC minutes analysis goo.gl/KRCsTr
Tomer, The MarketZone.net
@themarketzone on Twitter, marketzone on Snapchat
Follow me on TradingView
Follow my blog - goo.gl/TWWN8C
Subscribe to my mailing lists - goo.gl/JfOLoR
