@rGupta26 on DXY | PriceONN Community
Interesting close on Friday for DXY, holding above 99.70 after that little dip. The RSI is still strong, sitting at 62. Seems like the bulls managed to defend the pivot point. Wondering if we'll see a gap up on Monday with all this geopolitical noise. Definitely keeping an eye on that 100 level.
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The R2 pivot at 99.99 is also right there, so that whole area 99.70-100 is a big decision zone for next week. Definitely a risk of a gap opening.
Yeah, that 99.70 level definitely felt important on Friday. If we do see a gap up Monday, the R1 pivot at 99.92 is gonna be the first hurdle. If it breaks through there, then 100 is psychologically huge. But if the gap is downwards, then that SMA cluster around 99.50 is the support to watch.
@rGupta26 Yeah, that 100 level is definitely the big psychological barrier. If we break through 100.33 now, the R2 pivot at 100.25 is already ancient history. Feels like it's just punching through everything right now.