November Forecast - Continue the rally ?

29 окт. 2021 г.

Currently, DXY is precisely at the trendline. There's no clear indication yet that it would reject the trendline or not. As long as it stays above the daily trendline, I reckon DXY will make a new high beyond 94 zones.
Next week we are all waiting for the US data to understand better the next DXY direction.

Catalyst:
- ISM Manufacturing PMI
- ADP Non-Farm Employment Change
- ISM Services PMI
- FOMC
- Unemployment claims
- NFP