@sophie9345 on DXY | PriceONN Community

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S
sophie9345 PRO newbie
DXY Feb 21
Ugh, weekends are the worst. Waiting for the market to open is torture. I spent so much time looking at the DXY chart this week, trying to understand the small movements. Hopefully, next week will bring more clarity. I need some action!
DXY

Replies (1)

S
sophie9345 PRO newbie Feb 21
Okay, update: I've been doing some more digging into the DXY's historical performance around the 50-day SMA (currently at 97.47). It seems to act as a pretty reliable pivot point. If it can break above that convincingly on Monday, maybe the upward trend will continue. But the neutral RSI is making me nervous. I might set a tight stop-loss just in case it reverses. I'm also wondering if the news cycle over the weekend will have any impact on the opening price. Guess we'll just have to wait and see what happens on Monday morning. fingers crossed!
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