@mia7022 on DXY | PriceONN Community

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M
Looking at the weekly close, DXY seems to be consolidating right around that 50-day SMA at 97.47. I'm expecting a pretty choppy week ahead, potentially testing both the 20-day SMA above and retesting recent lows. A lot will depend on how risk sentiment plays out, especially with all the global uncertainty lately. I'm keeping an eye on those Bollinger Bands too; a breakout could signal a sharper move.
DXY

Replies (1)

M
mia7022 PRO newbie Feb 21
update: Thinking about opening a small position if we see a clear rejection at that 97.60 resistance. Might be a good short-term opportunity, but I'll need confirmation first.
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