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DXY's Friday close was indecisive, hovering right around the 50-day SMA at 97.47. The neutral RSI doesn't give a clear direction, so it's a wait-and-see situation. I'm anticipating some volatility early next week to establish a clearer trend. A decisive break above or below that SMA will be key.
Update: I'm leaning slightly bearish given the proximity to the 20-day SMA resistance at 97.59. If we fail to break that early in the week, I anticipate a move towards the S1 pivot at 97.35. I'll be watching the D1 chart for confirmation. Keep stops tight though.
