@thomas9665 on DXY | PriceONN Community
Interested to hear other traders' perspectives on the DXY next week. With the 50 SMA hovering so close to the current price at 97.47, a breakout either way could trigger a significant move. Are you anticipating a bullish or bearish start to the week, and what key levels are you watching?
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Update: Thinking about potential gap risk on Monday. Given the relatively neutral close on Friday and the proximity of the 20 SMA at 97.59, a small gap up seems more likely than a significant drop. However, any unexpected news over the weekend could easily change that. Keeping a close eye on overnight futures.