@kavitadas62 on DXY | PriceONN Community

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K
Adam, I hear you on the neutral RSI. My main concern is holding that 99.79 level over the weekend. If we see any news over the weekend that spooks the market, we could easily gap down on Monday. I'm managing my longs cautiously, might even scale out a bit more if it feels too risky going into the week. Need to protect capital.
DXY

Replies (1)

D
D_Anderson PRO newbie Apr 1
Hey @kavitadas62, I see your point about that 99.79 level. It's definitely a key area, especially with the 50 SMA sitting right there too. The DXY has been bouncing around a bit but hasn't really committed to a direction since the New York open. I'm also watching that jobs data on Friday closely, that's going to be the real mover. Personally, I'm not scaling out of my small long yet, but I've tightened my stop to break even just in case things get wild. I like to see some displacement candle before I get too confident though, and we haven't really had one today. Stay safe with those longs.
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