DXY Bullish Crab coincides with Fed meeting mid June. Target 89
DXY Bullish Crab formation coincides with Fed meeting in June. Most likely traders will be surprised with hawkish statement regarding Interest rates and may lead to US Dollar rally. Up until then either short the dollar against all majors or stay out of dollar long trades. If this pattern is valid DXY may go as low as 89.00 before it resumes the long term bullish trend.
