@calmcreek on DXY | PriceONN Community

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calmcreek PRO newbie
DXY Apr 30
Does anyone else think DXY is looking really weak right now? The RSI is way down in the oversold territory and it just broke below the 200 SMA on the chart I'm looking at. I remember seeing a similar setup last month before it really started to slide. Just wondering if others are seeing this too and what their thoughts are on a potential further drop.
DXY

Replies (1)

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calmcreek PRO newbie Apr 30
Yeah that whole GDP miss thing is really weighing on it. Saw that news about the US dollar falling after the data. Feels like that's what's pushing it down below the SMAs. I might just go to bed and hope it doesn't tank completely overnight.
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