@jallen692 on DXY | PriceONN Community
J
Looking at the volume today, it's pretty thin. That push up to R2 at 99.77 doesn't feel convincing at all. If this was a real move, I'd expect much heavier volume to confirm the bullish sentiment. This looks more like a squeeze in low liquidity, setting up for a reversal once the big players step in tomorrow. The RSI is also sitting in neutral territory, adding to the lack of conviction for a sustained rally.