@aroberts545 on DXY | PriceONN Community

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aroberts545 PRO newbie
DXY Mar 17
Regarding the recent DXY dip to 99.33, I'm observing the RSI holding around 45.7. While not oversold, this neutral territory combined with the bearish price action suggests a potential continuation towards the S2 pivot at 99.09. I'll be watching for any signs of a reversal near that level, but for now, the short-term bias leans bearish.
DXY

Replies (1)

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BilalSheikh PRO newbie Mar 20
@aroberts545 I agree, that 99.09 S2 pivot is definitely on the radar, but I'm skeptical. These levels often get blown through like paper when the algorithms kick in during NY session. I've seen it too many times, they hunt stops around these 'obvious' levels. The RSI at 45 is just noise to me, they can push it anywhere.
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