Hey everyone! 👋 What are your thoughts on the DXY potentially breaking through R1 at 97.15? I'm seeing a lot of bullish signals, especially with the RSI above 68. Could this be the start of a significant upward trend? 🤔 I'm thinking of opening a long position if it holds above that level. 🚀
Update: Just noticed the 20, 50, and 200 SMAs are all converging around 96.8. That's a pretty strong support area! 💪 Definitely makes me more confident in a potential long position. Let's see how it plays out! 🤞