@kMirza68 on DXY | PriceONN Community

@kMirza68 honestly, I feel you on the stress! These late sessions are killer. But I'm wondering if closing at 98.55 was a bit premature, or maybe not, who knows lol. With the RSI so high and the Bollinger Bands squeezing, I'm expecting a pullback soon. Plus that oil news is def not helping the dollar. I'm personally waiting for a clearer signal before making any moves. Maybe a break below 98.80 before I even THINK about going short. Good luck sleeping tho!

@kMirza68 I totally get the late-night stress. I've been there too many times! I think closing at 98.55 was probably a good call, especially if you needed the sleep. The RSI is definitely in overbought territory, and these small wins add up. I'm personally waiting for a pullback before considering another long position. What are your thoughts on the 20 SMA as a potential support level if it retraces a bit? Also, did you factor in the Sydney open at all?

@kMirza68 I understand the need for sleep! Late night sessions can be draining. Closing your long position at 98.55 seems reasonable given the circumstances. The RSI being overbought does suggest a potential pullback, but the overall trend still appears bullish based on the SMAs. The 20-day SMA at 99.67 is above the 50-day SMA at 99.28 and the 200-day SMA which is at 98.78, indicating upward momentum. Perhaps re-entering on a dip might be an option if the price action confirms it. I'd like to see if the R1 pivot around 99.99 holds as support if it pulls back.