@GrayFox21 on DXY | PriceONN Community

Hi @GrayFox21, I agree, this close around 99.91 on DXY is definitely a point of interest. Given the geopolitical news about oil and the inflation chatter, I'm expecting volatility too. I've been watching the pivot points closely; R1 is just above where it closed. If DXY can push past that and hold it, especially on a strong hourly candle, I might look to add to my existing long. I'm just a bit wary of a potential dead cat bounce given how much it's already climbed. Need to see if it breaks through resistance convincingly or if it stalls out and reverses. The RSI is still showing bullish momentum but it's not overbought yet, so there might be room to run. Gotta be patient here.

Yo @GrayFox21, totally feel you on the slow weekend vibe. That DXY close at 99.91 is def a level to watch. You're right about the volatility, especially with all the noise around that oil news and whatever the Fed muttered about inflation. I'm actually thinking about going heavy on a short on EUR/USD if it keeps struggling around 1.1550 like that headline suggested. If DXY decides to pop from that pivot area, it could get ugly for the euro. I'm not messing around with tiny entries this week, gonna wait for a clear displacement and then unleash some serious leverage. No point in trading small if you're not going for the kill, right?! YOLO on the dollar strength if it shows up!