@eric1990 on DXY | PriceONN Community

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Seriously, this market is testing my patience today. Up, down, up, down... make up your mind! I've been watching the DXY all day, and it's been nothing but chop. Thought I had a good read on the morning action, but this afternoon it's just been whipsawing. Inflation fears are probablly the reason for this volatility. I might just call it a day. Too much noise. Need a clear signal before I commit more capital. I'm not gonna force it.
DXY

Replies (1)

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IkennaNwachukwu PRO newbie Mar 20
@eric1990 I feel you on that choppy action today. It's like the DXY just can't make up its mind, bouncing around the 99.15-99.30 area for most of the New York session. I was trying to find a clear direction too, but it's been a real struggle. The fact that it's hovering around the 50-day SMA at 99.39 without making a decisive move is confusing. Maybe the market is waiting for something specific later this week, or it's just a low-liquidity day. I'm hesitant to jump in until I see a cleaner break above resistance or a clear fall through support.
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