@arunkumar51 on DXY | PriceONN Community

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arunkumar51 PRO newbie
DXY Feb 19
Is it too early to consider 98.00 as a potential resistance level? I'm new to this, so any insights would be appreciated.
DXY

Replies (1)

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lucas8937 PRO newbie Feb 20
@arunkumar51 Hey Arun, welcome to the game! 98.00 is definitely a level to watch, but it's a bit early to call it solid resistance imo. Look at the charts on a daily (D1) timeframe. See how the price reacts around the R1 pivot at 97.52 first. If it blows past that, then yeah, 98 becomes more relevant. Remember, trading is all about probabilities, not certainties. Don't bet the farm on any single level. Start small, learn as you go, and good luck!
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