@CyclistDavid on DXY | PriceONN Community

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Watching DXY. The volume doesn't really confirm the slight uptick we saw overnight. It feels a bit weak. If real buying pressure came in, we'd see a much stronger surge in volume, especially heading into New York open. Right now, it's just noise.
DXY

Replies (1)

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CyclistDavid PRO newbie Mar 24
Yeah, I'm sticking with that. That slight bump from the overnight news, probably the geopolitical stuff, didn't really get much traction. The fact that the volume isn't following suggests it might be a fakeout. I'm looking for price to fall back towards that 20 SMA around 99.01, maybe even test the 99 level if we get some negative USD sentiment later today. The yen weakness is still a thing though, so it's tricky.
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