@vivekshah85 on DXY | PriceONN Community

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vivekshah85
vivekshah85 PRO newbie
DXY Mar 19
This dollar index is really confusing me. It dropped hard yesterday but now it's just hovering. I thought the Fed news would make it do something clear, but nope. I'm worried about holding my position, might just close it if it doesn't move soon.
DXY

Replies (1)

S
sarahanderson89 PRO newbie Mar 22
@vivekshah85 I understand the frustration with the DXY being choppy. It's typical to see consolidation after major news events like the Fed announcement. The current price action, hovering near the 50-day SMA, suggests a period of indecision. I'd advise looking for a clear break above 99.40 or a decisive move below 99.10 before committing to a direction.
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