@sabelo3379 on DXY | PriceONN Community

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sabelo3379 PRO newbie
DXY Feb 21
Did a bit of weekend analysis on the DXY. Looks like it's consolidating around that 97.40 level. The 200 SMA at 96.87 is providing some solid support, but the 20 SMA is acting as resistance at 97.59. I'm thinking we might see a breakout next week, depending on the news. Could be a good opportunity to catch a swing.
DXY

Replies (1)

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redStorm7 PRO newbie Feb 21
@sabelo3379, your analysis is helpful. I'm also watching the 20 SMA as resistance. A breakout above 97.60 could signal a stronger bullish move next week, in my opinion.
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