@SiphoDlamini on DXY | PriceONN Community

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SiphoDlamini
SiphoDlamini PRO newbie
DXY Mar 14
The DXY's Friday close above 100 is certainly something to consider going into next week. RSI is overbought on the daily, so a pullback is possible. However, with the current geopolitical tensions fueling safe-haven demand, it might continue its upward trajectory. I'll be watching closely for any signs of reversal early in the week.
DXY

Replies (1)

A
amelia9338 PRO newbie Mar 17
Hey @SiphoDlamini, good points on the DXY. I agree that geopolitical stuff can add fuel, but I'm also seeing that RSI on the daily looking a bit toppy. Personally, I'm leaning towards a pullback next week, especially if we see any positive news from Europe that might weaken the dollar's safe-haven appeal. Let's see if it can hold that 99.1 support though!
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