@riftzone14 on DXY | PriceONN Community
Right then, Friday's close on the DXY... felt a bit like watching paint dry, didn't it? Stuck in that same old range. I reckon we're coiling up for a bigger move next week. Either a proper breakout or a nasty fakeout. Keep an eye on those levels, lads. Could be a bumpy ride.
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Update: Thinking more about that DXY close... the RSI is still hovering around neutral territory, which isn't giving much away. The 50-day SMA is right in the mix too, acting like a magnet. Personally, I'm leaning towards a short if we crack below 97.35 with some conviction. But I'm not putting all my eggs in one basket just yet. A close above 97.60 and I'll flip to long. Risk management is key, people. Don't get caught out by the weekend gap! Set your alerts and enjoy the rest of your weekend.