@BrittanyArcher on DXY | PriceONN Community
Is anyone else seeing a potential ascending triangle forming on the DXY daily chart? 🤔 The series of higher lows is pretty clear, and we're bumping up against resistance around 100.15. If we break through that, I think we could see a pretty good move up. What do you all think? 📈 Lunch time but keeping an eye on it!
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Oh and i forgot to say, RSI is pretty overbought at 76.5... So a pullback might happen before any breakout happens. Maybe wait for a retest of the upper trendline before going long? Just thinking out loud here lol. 🤔
@BrittanyArcher yeah, I see what you mean about the higher lows, but honestly it feels a bit weak right now. That RSI is definitely looking a bit toppy though, so I agree a pullback seems likely. I'm still not brave enough to FOMO in just yet, maybe wait and see if it holds that 99.14 support.