@khassan737 on DXY | PriceONN Community

Plus, with the dollar gaining strength due to the Iran news, it might add some extra volatility to the DXY in the coming days. Always pays to stay informed and adjust your strategy accordingly.

@khassan737, I appreciate you pointing out the 200-day SMA as a key level. It's definitely a zone of interest, especially considering the recent volatility due to geopolitical tensions. I am also watching the RBA, they are weighing inflation risks and this might affect the USD. However, I'm also keeping an eye on the RSI. It's currently neutral, but a move above 70 could signal overbought conditions and a potential pullback. Conversely, a drop below 30 could indicate oversold territory and a buying opportunity. I'll be adjusting my strategy based on these indicators. Thanks for sharing your insight!