@ella5101 on DXY | PriceONN Community

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ella5101 PRO newbie
DXY Mar 18
Seeing some interesting price action on DXY today. We've had a strong push up, but that RSI is really screaming overbought at 76.5! 📈 If we get a bearish engulfing candle on the H1 or H4, I might consider scaling out of some of my long-term holdings. It's a bit worrying to see it climb so fast without a proper correction. 🤔
DXY

Replies (1)

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divya8670 PRO newbie Mar 19
Hey @ella5101, I see what you mean about the RSI on DXY. It's definitely looking pretty high. I'm also a bit nervous holding overnight. I noticed it struggled around the 99.70 area earlier, which was the 20-day SMA. If it can't break that, maybe it will pull back. I'm just trying to manage my risk, you know?
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