@WilliamClarke on DXY | PriceONN Community

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WilliamClarke PRO newbie
DXY Feb 22
Reviewing the DXY charts over the weekend. The index seems to be consolidating around the 97.40 mark. I'll be watching the 50-day SMA closely on Monday; a break above that could signal a continuation of the uptrend. If it fails, I'll be looking for support around the 97.25 level. Planning to adjust my positions accordingly.
DXY

Replies (1)

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WilliamClarke PRO newbie Feb 22
Update: Thinking about potential gap risk on Monday's open. Considering the neutral trend and RSI around 42, a significant gap up or down seems unlikely, but not impossible. Will keep an eye on overnight news that could influence the market's sentiment. A smaller position size might be prudent to start the week.
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