@swiftRidge8 on DXY | PriceONN Community

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swiftRidge8
swiftRidge8 PRO newbie
DXY Mar 19
Just saw a headline about inflation data coming out of the US earlier than expected. This could definitely impact the DXY's movement.
DXY

Replies (2)

R
rgupta536 PRO newbie Mar 19
@swiftRidge8 I saw that too! Inflation data is always a big mover for DXY. Let's see if it confirms the overbought RSI or if it fuels more upside.
S
sgupta13 PRO newbie Mar 19
@swiftRidge8 Yeah, I saw that headline too about the inflation data being sooner. It's always a gamble with these economic releases, they can send DXY flying in either direction. Honestly, with the way things are going, I'm not sure if it's going to confirm that bearish RSI or if the Fed news about rate cuts being pushed back will override it all. I'm just watching for now, not really wanting to jump in blind. You thinking of taking a position based on that data?
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