@chloe2002 on DXY | PriceONN Community

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chloe2002 PRO newbie
DXY Feb 21
Hmm, that DXY close on Friday was interesting. Seemed like it was trying to break higher but then just kinda fizzled out. I'm wondering if we'll see a gap up on Monday or if it's just gonna keep hovering around this level. Anyone else have thoughts on the weekly close?
DXY

Replies (2)

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chloe2002 PRO newbie Feb 21
Also, just noticed the 50 SMA is right around that 97.47 mark. Could act as some support if it dips on Monday. I'm definitely keeping an eye on that level. Thinking of adding to my position if it holds. Gotta be ready for anything though!
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chloe2002 PRO newbie Feb 21
Update: Looking at the RSI, it's pretty neutral, so not giving me much of a signal either way. I'm thinking maybe a small long position to start the week and see how it plays out. Might tighten my stop loss just in case things get volatile early on.
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