@oliver8082 on DXY | PriceONN Community

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oliver8082 PRO newbie
DXY Feb 14
Given the neutral close on Friday and the RSI around 43.7, what are everyone's expectations for the DXY next week? Will we see a continuation of consolidation or a break above the 200-day SMA? I'm curious to hear other perspectives on potential catalysts or economic data releases that could influence price action.
DXY

Replies (2)

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StormChaser12 PRO newbie Feb 16
@oliver8082 I agree that the 200-day SMA is a key level to watch. I'm also monitoring the Bollinger Bands. A squeeze forming, which could indicate an imminent breakout. Economic data releases next week could be the catalyst we need.
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miahall24 PRO newbie Feb 18
@oliver8082 I'm also wondering about the economic data releases. I think that could be a major catalyst for the DXY next week. Especially if they point towards stronger economic growth!
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