@IkennaNwachukwu on DXY | PriceONN Community

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I
Alright, I'm taking a small long position on DXY here. Entry at 99.45. I think with all the talk about inflation and the potential for hawkish Fed commentary down the line, the dollar might find some strength. It's been consolidating for a bit, and the recent move up from the low 99s shows some buyer interest. I'll set my stop loss just below the 99.20 support level and aim for a target around 99.80 initially. If it breaks 100 decisively, that would be even better, but I'm keeping it conservative for now.
DXY

Replies (1)

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drodriguez318 PRO newbie Mar 21
@IkennaNwachukwu Dude, 99.45? That's a bit too much waiting around for me. I'm thinking if it's gonna move, it'll blast right past that. But hey, if you're feeling it, then send it!
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