@priyasharma78 on DXY | PriceONN Community
P
The Friday close for DXY was interesting! It ended at 96.56, which is right around the Bollinger Band's lower range. This suggests potential support at this level. However, the neutral trend overall makes me cautious. The fact that the price is below the 20-day and 50-day SMAs indicates bearish pressure, but it's not decisive. I'm curious if we'll see a significant gap up or down on Monday. Keeping an eye on the news over the weekend to gauge market sentiment. Risk management is key before the markets open again!