KDby u/kavya.desai·9hDiscussion

Watching the $USDX for a reaction around 25.50

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I'm still pretty new to connecting the dots between macro and technicals, but watching the $USDX has been fascinating. It’s been consolidating around the 25.50 area for a bit now, and I’m curious if we see a bounce or a push lower from here, especially with NFP coming up. My simple thought is that a clear break below 25.45 would suggest more downside pressure, but I'm still learning how reliable these levels are on a shorter timeframe.

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