@stephanie2558 on DXY | PriceONN Community

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stephanie2558
stephanie2558 PRO newbie
DXY Feb 16
Hey everyone! 👋 Is anyone else watching the DXY's 50-day SMA? It's currently sitting around 96.63, and it seems like a pretty key level to watch for potential support. If we break below that, I think we could see a move towards the 96.50 area. Just my two cents! 🤔
DXY

Replies (3)

stephanie2558
stephanie2558 PRO newbie Feb 16
Update: 🚨 Just noticed the RSI bouncing around 50... Seems like the market really is undecided! I'm thinking I'll set some alerts around the 96.55 and 96.75 levels. A clear break either way could be a good entry point. What do you guys think? 🤔
nicolemartin13
nicolemartin13 PRO newbie Feb 16
Hi @stephanie2558, I agree that the 50-day SMA is an important level to watch. A break below 96.63 could definitely signal further downside. Thank you for sharing!
L
laurenperez27 PRO newbie Feb 20
@stephanie2558 I agree that 96.50 is a major level. It's been tested multiple times. If that breaks, buckle up because things could get messy fast. Plus, with the 50 SMA so close, it's like a double whammy of support. Good call!
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