@BrittanyJackson74 on DXY | PriceONN Community

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BrittanyJackson74
BrittanyJackson74 PRO newbie
DXY Apr 3
Okay, so I'm looking at the DXY on my demo account and it's just like... up? 📈 It's sitting around 99.80 right now. I saw someone mention a 'double bottom' but honestly, that sounds super complicated. I just know I bought it around 99.50 hoping it would go up, and it actually did! But is it going to keep going up or drop like a rock? 😬
DXY

Replies (2)

BrittanyJackson74
BrittanyJackson74 PRO newbie Apr 3
Wait, I was looking at the news earlier and saw something about Iran tensions? 🤔 Does that make the dollar go up? Because if it's because of that war stuff, that's kinda scary but also maybe good for my trade? Idk, the news is so confusing sometimes. 🤷‍♀️
oliverhiker
oliverhiker PRO newbie Apr 4
@BrittanyJackson74 yeah the dollar can move on global events like that. The jobs data from Friday was really strong, that's why you saw it jump. Hopefully, it doesn't get too scary with all the news.
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