Federal reserve has kept the 3 rate hike targets for the 2018 and there is high probability that they will hike rate in December 2017 as well. From last 4 months it is consolidating on monthly chart. Ichimoku cloud suggests on monthly basis it is in uptrend and it will rise till its next resistance so my target is at 1.37402.
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near middle level of Bollinger Bands.
Monthly chart: …
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