@andrewwilson85 on DXY | PriceONN Community

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andrewwilson85 PRO newbie
DXY Feb 20
Alright, so I'm looking at the DXY and thinking about a potential long position. 🤔 The 20-day SMA is sitting right around 97.61, almost exactly where we are now, and the 50-day is below that. If it can hold above the 20, might be a good sign for continued upward movement. I'm still learning all this, but that's what I see! 📈
DXY

Replies (1)

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george00 PRO newbie Feb 21
@andrewwilson85, be careful going long just based on the 20-day SMA. It's just one indicator, and the overall trend still seems a bit uncertain. Wait for more confirmation before jumping in, imo.
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