@thomas1737 on DXY | PriceONN Community

@thomas1737 I understand your uncertainty. The DXY is indeed at a pivotal point. While 96.70 acted as resistance, the recent break suggests a potential shift. However, don't rely solely on those levels. Incorporate indicators like RSI and MACD to confirm the trend. Also, consider the broader economic context; upcoming Fed announcements could significantly impact the dollar's trajectory. Managing risk is key, especially when starting out; use stop-loss orders to protect your capital. A solid risk/reward ratio is crucial before entering any trade. Don't be afraid to sit on the sidelines until you have a clearer signal.