U.S. Dollar Outlook
This report has been deactivated
Crude oil and USD direction weekly report
USD direction
- Now it is waiting FOMC rate decision on wed June 24.
- Then, we should see usd may not move before FOMC rate decision.
Crude oil
- It may go down to test 65-66 level again, or 63 as a very lowest bottom.
- However, oil may be choppy rathan go down sharply.
Trading strategy
- Let's see what happening when FOMC announcement on June 24.
- Hence, consider to establish positions of FX positions and crude oil again.