@SiphoDlamini on DXY | PriceONN Community

Looking at the DXY's performance this past week, it's clear that the dollar is gaining strength. The ECB's cautious stance, combined with ongoing geopolitical uncertainties, is creating a perfect storm for dollar appreciation. The index has broken through several key resistance levels, and the 200 SMA is now far behind us. While a short-term pullback is always possible, the overall trend seems firmly bullish. I'll be looking for opportunities to add to my long positions on any dips, targeting the 100.50 level initially. Risk management is crucial, of course, but the fundamentals are certainly in favor of a stronger dollar in the near term. Let's see what happens next week. The silver drop is also interesting in relation to this.