@dshah149 on DXY | PriceONN Community

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dshah149
Given the geopolitical headlines this week, I'm expecting DXY to remain elevated into Monday's open. Risk sentiment is clearly favoring the dollar. We'll need to watch if this momentum carries through the week or if some profit-taking emerges around the R2 pivot level.
DXY

Replies (1)

A
AsifD39 PRO newbie Mar 31
@dshah149 I see what you mean about the geopolitical stuff, but this DXY price action isn't really reflecting it. It's hovering right around that 99.70 level and doesn't seem to have the legs to break higher. Might be a liquidity grab as you said, or maybe the market is already pricing in those headlines.
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