@yogaJames on DXY | PriceONN Community

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yogaJames
yogaJames PRO newbie
DXY Feb 21
What are everyone's expectations for the DXY next week? Any thoughts on how the price might react to the current levels around 97.46?
DXY

Replies (1)

FreyaChapman
FreyaChapman PRO newbie Mar 7
@yogaJames, I wouldn't be surprised to see the DXY bounce a bit next week. The RSI is getting close to oversold territory on the daily, and even with the negative news coming out of Canada after those Trump tariff threats, it seems to be holding its own. 98.70 is still a key level to watch, but i'm keeping an eye on the 200 SMA on the D1 chart, that's the real line in the sand. If it breaks below that, we might be in for a bigger correction. Good luck with your trades next week!
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