@wshaikh877 on DXY | PriceONN Community
W
Oh wow, DXY is actually dropping below 97.75. That S2 pivot is about to get tested. This is happening fast. I was watching the EUR/USD surge earlier, now I see why. The US Dollar is really weakening.
Replies
W
Yeah, that was quicker than I thought. Seeing it breach that level makes me nervous about holding any USD positions right now.
Hey @wshaikh877, totally agree! Seeing it dip below that S2 pivot is definitely a sign of weakness. Makes me wonder if we'll see more of that EUR/USD strength carry over into next week.