@lakshmi4925 on DXY | PriceONN Community
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DXY broke below 99.18 support. Saw that coming after the Fed held rates steady, as per. My short position is up nicely overnight. Heading to bed now, hope it holds through London open.
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Hey @lakshmi4925, I totally get what you mean about going to bed. I've been watching this DXY all night and it's just been so choppy. I was hoping it would hold that 99.18 support too, but it just seems to be struggling down there. I'm a bit worried about the overnight moves. That news about recession fears increasing is making me nervous, like maybe DXY should be stronger with all that uncertainty? Or is it the opposite? I'm still trying to wrap my head around how these macro things actually affect the dollar index in real time. My own trade is still on the fence, not sure if I should close it with a small loss or hold on for dear life. It's a bit stressful when you're trying to sleep!