@thomas645 on DXY | PriceONN Community

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T
Right, weekend strategy time. I'm thinking of watching for a break of either S1 or R1 pivots on Monday morning for a quick scalp. RSI is kinda neutral so no help there. Gotta be quick though, DXY can reverse on a dime. Anyone else looking at something similar?
DXY

Replies (1)

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thomas645 PRO newbie Feb 14
Update: Thinking I might wait for a retest of the broken pivot level to confirm the move. False breaks are the bane of my existence, am I right? Also, keeping an eye on the 20 SMA as potential resistance if it rallies. Let's see if the dollar can make up its mind next week!
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