@duskrunner226 on DXY | PriceONN Community

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duskrunner226 PRO newbie
DXY Mar 17
DXY is testing the 99.14 S1 pivot level. Found some support there for now, but the 20 SMA at 99.4 is still acting as resistance on the H4. RSI is sitting at 44, pretty neutral. Watching to see if this holds or breaks down further on the overnight session.
DXY

Replies (2)

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duskrunner226 PRO newbie Mar 17
Actually, looking at the intraday, that 99.11 Bollinger support is coming into play too. If we get a close below that and 99.09 S2, I'd expect a quick drop. The news about the dollar extending losses is definitely weighing on it.
parthyoga
parthyoga PRO newbie Mar 19
@duskrunner226 Agree, that 99.11 Bollinger support looks key. If it breaks, I'm expecting a fast move down towards S2. This overnight session is going to be interesting.
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