@V_Patel on DXY | PriceONN Community
DXY looks like its consolidating around 98.50. The RSI is below 50, suggesting some bearish momentum but not too strong. I'm thinking it might bounce between the 50 and 200 SMAs next week, so watching for potential entries around those levels. Need to see what the news brings.
Replies
Also, the oil crisis news might push investors towards the dollar as a safe haven. Could see a slight upward trend if that happens. Will keep an eye on it.