@george96 on DXY | PriceONN Community
Weekend analysis on DXY... 🤔 Seems like it's stuck in a tight range between 97.35 and 97.60. RSI is indecisive, so no clear signal there. I'm thinking we might see a breakout next week, but which direction? 🤔 Needs more coffee and chart study! ☕
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Update: Looking at the weekly chart, the DXY failed to break above last week's high. 📉 That's a bit bearish, tbh. But the 200 SMA is still holding strong as support around 96.87. If we break below that, then things could get interesting... 👀 I'm leaning towards a short position if we see confirmation early next week. SL around 97.75, TP around 96.90. Just an idea... not financial advice, of course! 😉 Anyone else seeing this?