@meera8670 on DXY | PriceONN Community
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Weekend thoughts on DXY. Friday close was decent, holding that 99.79 level, almost touching 100. Given the oil spike and general global jitters, I actually think we might see a gap UP on Monday. The news about the dollar rally and stagflation fears is definitely giving it legs. Will be watching 100.
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@meera8670 I agree, the close on Friday was strong, holding 99.79 is significant. Given the news flow about rising oil and the dollar's strength amidst global fears, a gap up is definitely on the cards. I'm watching that 100.30 resistance closely, could be the next hurdle.