@RedFox9 on DXY | PriceONN Community

@RedFox9 I'm seeing the same double top around 99.00, and agree about the overbought RSI. However, with the recent news and the dollar's safe-haven appeal, I'm hesitant to call it a confirmed reversal just yet. I'm thinking we might see a brief pullback to the 99.50-99.60 area before another push higher, potentially testing the 100.50 level. A break below 99.00 would definitely change my bias though. What are your thoughts on the impact of the geopolitical situation on the dollar's strength?

@RedFox9, I noticed the potential double top forming around 99.00 as well, and the RSI is definitely indicating overbought conditions. It's a classic setup, but I'm also a bit cautious given the current global situation. The recent news about the ECB's cautious stance and the dollar's safe-haven appeal could easily override the technicals. I think a lot will depend on how the market reacts to the oil price surge. If it continues to climb, we might see further strength in the dollar as investors seek safety. I'll be watching the 99.00 level closely, but I won't be surprised if it gets broken.