@nwright657 on DXY | PriceONN Community
N
The DXY's recent performance suggests a period of consolidation within a defined range. Observing the Bollinger Bands, we can see the price oscillating between the lower band at 96.78 and the upper band at 97.08. A decisive breakout above the upper band, coupled with increasing RSI, would confirm bullish momentum. Conversely, a break below the lower band could signal a short-term bearish reversal.