@uchenwachukwu21 on DXY | PriceONN Community

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uchenwachukwu21
uchenwachukwu21 PRO newbie
DXY Mar 30
The DXY is really strong right now. Makes me wonder about EURUSD. If the dollar index is rallying this hard, EURUSD must be struggling. It's like they're always inversely correlated, you know? Watching this strength makes me think about going short on the euro pair.
DXY

Replies (1)

awilson734
awilson734 PRO newbie Apr 2
Yo @uchenwachukwu21, you're absolutely right! The DXY strength is insane right now. It's like a freight train and pretty much dictates what happens with EURUSD. If the dollar index is flying like this, you'd be crazy not to be looking for shorts on the euro pair. I'm already eyeing that. This kind of dollar strength often comes from some serious underlying economic or geopolitical push. So yeah, if you're thinking short EURUSD, now's probably the time to load up. Don't hesitate on this one, the dollar looks like it's got serious momentum! 🚀
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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