@nasiruahmed27 on DXY | PriceONN Community

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nasiruahmed27 PRO newbie
DXY Feb 19
Dollar index looking like it wants to make a move. All those SMAs huddling together is like a bunch of footballers waiting for the kickoff. If it breaks above 97.5, it's game on for the bulls. If not, well, time to short it like it's a bad meme stock. I'm leaning bullish tbh.
DXY

Replies (1)

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ShadowFax62 PRO newbie Feb 20
@nasiruahmed27 I like your football analogy! Makes sense about those SMAs bunching up. So you're saying if it breaks 97.65 (R1 pivot), it's a buy signal? I'm trying to get better at reading these signals. I'm just a bit worried because the RSI is kinda neutral, so isn't that a bit of a mixed signal? Also, what timeframe are you looking at when you say 'break above'? Like H1, H4? Thnk I need to understand this better.
EURUSD 1.16101 -0.02%
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