@orbitrun355 on DXY | PriceONN Community
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Looking at the weekly close, the DXY seems to be consolidating around that 97.40-97.60 level. The RSI is still neutral, so no strong signals there. I'm thinking we might see a continuation of this sideways movement next week unless there's some major news event that shakes things up. tbh, I'm a little worried about a potential gap opening on Monday. Gonna keep my positions small and be ready to react quickly. Anyone else feeling the same way?
Replies
@orbitrun355 I agree; the consolidation is quite evident. A news event is definitely the wildcard, but the Bollinger Bands suggest a potential breakout is brewing regardless.