Weekly Forex Forecast (June 12-16, 2023)

From youtube.com/justinbennettfx

Today I will show you exactly how I’m trading the DXY, EURUSD, GBPUSD, USDCAD, and NZDUSD next week. We have some attractive setups forming ahead of next week’s US CPI and FOMC, which I’ll discuss in detail in today’s post. Watch the video and scroll down for the annotated charts and analysis. The DXY lost its 103.49 yearly open on Thursday, closing at 103.32. However, dollar bulls fought back on Friday, closing the DXY marginally above the 103.49 yearly open. We’ll see if Friday’s 103.55 close is enough to reclaim the yearly open and push the dollar higher next week. Determining the dollar’s path will take the first 24 hours of the week.