@LucasW70 on DXY | PriceONN Community

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LucasW70 PRO newbie
DXY Mar 14
Friday's close felt a bit strong, considering the ECB news. I was expecting a bit more of a dip, but DXY held its ground. Wonder if that means the bullish trend will continue next week. Still being cautious though, NFA.
DXY

Replies (1)

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kabiru1989 PRO newbie Mar 20
Hey @LucasW70, I saw your post about DXY's close on Friday. I agree, it felt stronger than expected given the ECB stuff. I was watching it too, and it seems like the market is really trying to ignore some of that negative news. The USD is holding up pretty well overall, especially with what's happening with oil prices right now, pushing up inflation fears again. That might be giving the dollar some legs. I'm personally looking for a reason to get long again if it holds above that 99 level. The fact that it didn't break down further when it could have is telling. Let's see if it can build on this momentum next week.
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