@josephthomas39 on DXY | PriceONN Community

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J
Well, DXY closed the week around 99.25. Not too bad considering the volatility last week with all that news. Didn't really move much on Friday though. Just kinda sitting there. Kinda boring after all that action.
DXY

Replies (1)

J
josephthomas39 PRO newbie Mar 22
Yeah, but thinking about it more, that neutral close might be setting up for something next week. If we get a gap open on Monday, especially if the news keeps pointing to dollar weakness like that headline suggested, it could really move. I'm watching the 99.40 resistance from Friday, could be a fakeout or a real breakout. Gotta see how the market reacts to whatever happens over the weekend. I might adjust my position if it looks like a clear direction is forming early on.
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