@maheshpatel17 on DXY | PriceONN Community
M
Hey everyone! 👋 What are your expectations for DXY next week? 🤔 I'm thinking we might see some volatility early on, especially with those SMAs so close together. 🧐 Will it break higher or fall back down? Any thoughts? 🙏
Replies
M
Also, keeping an eye on those pivot points! 👀 R1 at 96.59 could be a first target if it moves up. 👍
M
Update: I'm leaning towards a slight bullish bias, personally. 💪 The RSI isn't oversold, so there's room to move up. Let's see if that 96.69 level can hold as support. 🤞
Hey @maheshpatel17, I agree, the SMAs being so close does suggest potential volatility. A lot will depend on the early market sentiment next week. I'm curious to see if any news events over the weekend shift the outlook.
Hey @maheshpatel17, I've been wondering the same thing about next week! Those SMAs are definitely close. I'm thinking it might break higher, but I'm still not super confident in my analysis. I'm kinda hoping it'll go up so I can try a long position, but I'm also worried about a sudden drop. What indicators are you watching besides the SMAs? Maybe we can compare notes and get a better sense of where it's headed. I really need a win!