@FastTrail68 on DXY | PriceONN Community

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FastTrail68 PRO newbie
DXY Feb 17
The market seems to be waiting for a catalyst. There is a lack of strong conviction in either direction. I think upcoming economic data releases will likely dictate the short-term direction of the DXY. Risk sentiment is definitely fragile, I'm keeping stops tight.
DXY

Replies (1)

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ava4834 PRO newbie Feb 21
@FastTrail68 I agree that the market is waiting for a catalyst. There's definitely a sense of uncertainty in the air. Economic data is key. I'm also keeping my stops tight, especially with the DXY being so sensitive to news at the moment. The lack of strong conviction is making it difficult to predict short-term moves. I am wondering if the dollar can hold these levels into next week, or if we see more downward pressure. Maybe a small dip before the next rally?
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