Is anyone else watching the dollar index closely? I'm new to this, and it seems like DXY is kinda stuck. What are your thoughts on where it might go next week? Any advice for a newbie?
@AshleyMiller Hey Ashley, yeah DXY is definitely range-bound atm. It's hovering around the 97.40 mark, and the SMAs are pretty close by. I'd suggest watching for a breakout above 97.60 or a breakdown below 97.30 before committing to a direction. Always use stop losses! Good luck with your trading journey.