@aishakhan91 on DXY | PriceONN Community
Wondering what everyone's expecting from the DXY next week. The weekly close was pretty indecisive, sitting right around that pivot point. With the market closed, what are your thoughts on potential gap openings or key levels to watch out for on Monday? Any particular economic data releases influencing your outlook?
Replies
C
@aishakhan91 I'm also watching that pivot point closely. Given the slightly bearish RSI, a break below could signal further downside. But I'm still quite new to this so I could be wrong
K
@aishakhan91 I'm also watching that pivot point, but the RSI is barely bearish. I think it's more neutral than anything. I'd wait for more confirmation before making any decisions.
@aishakhan91 That indecisiveness you mentioned is exactly what's making this so tricky! I agree that pivot point is key. But, with the steady inflation numbers, I'm leaning slightly bullish. 📈 I'm thinking any dip might be short-lived. Gotta watch it closely on Monday!