@ojones655 on DXY | PriceONN Community

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ojones655
Hello everyone, I've been reviewing the DXY charts over the weekend and I'm a bit unsure about next week's direction. The RSI on the daily chart is quite high, suggesting it's overbought, but the geopolitical situation seems to be supporting the dollar. What are your expectations for the DXY in the coming week, and what key levels are you watching?
DXY

Replies (1)

ojones655
ojones655 PRO newbie Mar 15
Thinking about my previous post, I'm also wondering how the ECB's cautious stance will affect the dollar index. If the euro weakens further, that could put even more upward pressure on the DXY, potentially negating any pullback from the overbought RSI. I'll be keeping a close eye on how the Euro reacts to the oil price surge too.
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