@coldTide6 on DXY | PriceONN Community
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Anyone else think the DXY is just consolidating before another leg up? Seems like the 50 SMA is holding as support. I'm watching for a break above 96.70 to confirm. Maybe I'm just seeing what I want to see, though, lol.
Replies
@coldTide6 Your 50 SMA observation is valid. I'm seeing the same. But a break above 96.70 isn't enough confirmation for me. Need to see it hold above 96.80, preferably with some decent volume, to consider a long position. Otherwise, it's just noise.