@sureshnaidu53 on DXY | PriceONN Community

Hey @sureshnaidu53, thanks for sharing your analysis on the DXY daily chart. I'm still quite new to reading charts, so the idea of a descending triangle is something I'm trying to visualize. You mentioned resistance around 99.50 and support at 98.40. With the current price at 97.79 and the trend being bearish, does that mean we are more likely to break below that support level soon? I'm just a bit nervous because I entered a small long position around 98.00 hoping for a bounce, and now it's dipping. Should I be worried about this triangle pattern breaking to the downside, or is there still a chance it could bounce off the support you mentioned?