@DanielDavies56 on DXY | PriceONN Community

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Just checked my position on DXY. I'm currently short from 99.55, aiming for that S2 pivot at 99.38. It's been a bit choppy overnight, and the price did touch my SL zone near 99.60 a few times, but I haven't moved it. The RSI divergence on H4 is what's keeping me in, looks like momentum is fading. Still, with the geopolitical headlines, anything can happen. Moving the SL to breakeven at 99.55 now to lock in some safety. Hopefully, this Iran situation continues to weigh on the dollar.
DXY

Replies (1)

miguellim
miguellim PRO newbie Apr 14
@DanielDavies56 Your short from 99.55 is brave with that RSI divergence! I'm also watching DXY closely. It feels like it's struggling to hold this 97.80 area. If it breaks below that S2 pivot you mentioned, it could really accelerate downwards. Keep us updated on your exit plan!
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