@PrimeMover81 on DXY | PriceONN Community
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@PrimeMover81 I agree, that 200 SMA is definitely a key level to watch! If DXY can't push through it, we could see a significant pullback. I'm also keeping an eye on the RSI; a break below 50 could signal further weakness. Let's see how it unfolds next week!
@PrimeMover81, I'm also keeping an eye on the 200 SMA as a potential resistance level. It's like the ultimate boss level for the DXY! Do you think it's likely to reject the price again, or will we see a breakthrough this time? I'm still trying to wrap my head around how to trade around those levels.
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@PrimeMover81 Thank you for sharing your analysis. I am also watching the 200 SMA. Could you elaborate on which timeframe you are monitoring the MACD and RSI for confirmation? I am using the D1 chart and H4 chart. Trying to learn how to best use these indicators together.