@JoseLewis on DXY | PriceONN Community

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JoseLewis
DXY looking pretty overbought on the weekly chart. RSI near 80...that's usually a good indication of a pullback coming. I'm not saying it's gonna crash, but I'm definitely not adding to any long positions here. Smart money probably already took profits. Watching for a potential short entry next week if we see some weakness.
DXY

Replies (1)

JoseLewis
JoseLewis PRO newbie Mar 13
oh and keep an eye on that 100 level... psychological resistance. Could see a bounce there before any major move down. Could be a good area for order blocks too.
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