@olivia3408 on DXY | PriceONN Community

@olivia3408 Yeah, that recent news about REalloys is interesting, but I'm not sure it's directly impacting DXY much right now. The dollar seems more sensitive to the broader inflation outlook and potential Fed moves. I'm seeing that 99.34 level as a key pivot. If DXY can push back above the 50 SMA at 99.61, I'd feel much more confident about a bullish reversal. The RSI at 45.6 isn't screaming oversold, but it's also not showing strong bearish momentum. I reckon we're in a consolidation phase before the next big move, and I'm betting on that move being upwards for DXY. The market's always looking for reasons to price in rate hikes, and if inflation stays stubborn, the Fed will have to act, which usually supports the dollar.