Any forex or swing traders looking to game a hawkish response (i.e.- US Dollar rally) to today’s 2 pm EST release of the FOMC Minutes or Powell’s upcoming comments on Friday at 10 am at the Jackson Hole Summit, here are my 60-minute charts of /DX (US Dollar futures..EDIT: 120m chart below), UUP (US Dollar ETN), /E7 (Euro futures), & FXE (Euro ETN) with near-term & preferred targets in the solid arrows, potential additional targets with the dotted arrows.
US Dollar & Euro Trade Ideas 8-21-24
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