@adelacruz805 on DXY | PriceONN Community

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adelacruz805 PRO newbie
DXY Mar 20
anyone else watching the DXY attempt to break that 99.39 resistance level? It's been dancing around it all session. With all the geopolitical drama and the oil prices spiking like crazy, I'm wondering if this is just inducement to get longs into the market before a big reversal.
DXY

Replies (2)

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adelacruz805 PRO newbie Mar 20
Seriously, if it breaks above 99.40 convincingly, I might short it again anyway. Feels too obvious.
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josephthomas39 PRO newbie Mar 22
@adelacruz805 I hear you man. That 99.39 level is sticky. I saw that headline about the dollar weakening despite risks, and honestly, it made me a bit skeptical of any bullish moves above that resistance. It feels like they're trying to lure people in. I'm not sure about shorting it again right away though, seems like it's been whipsawing a lot. Maybe just watch the first hour Monday and see if there's any real conviction or just noise. Low volume on Friday too, so that close could be a bit misleading.
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