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Hello community,
In the situation that there are a little major fundamental news will be released and market is waiting ahead FED meeting. So I think theUSD index (shows strength of USD) should be less volatile. DXY continue move at bottom of channel until FED meeting. It means that EUR, GBP, AUD, NZD and JPY should bullish slightly in the next week. AUDUSD could retest 0.793; NZDUSD could visit 0.775 or 0.78 again ... but the upside should be limited to wait the Meeting on 29th!
In the situation that there are a little major fundamental news will be released and market is waiting ahead FED meeting. So I think theUSD index (shows strength of USD) should be less volatile. DXY continue move at bottom of channel until FED meeting. It means that EUR, GBP, AUD, NZD and JPY should bullish slightly in the next week. AUDUSD could retest 0.793; NZDUSD could visit 0.775 or 0.78 again ... but the upside should be limited to wait the Meeting on 29th!
