I'm considering a long position on the Dollar Index if it consolidates above the 20-day SMA. The overall trend appears bullish, but I'm concerned about the neutral RSI. I'll be watching for a clear breakout above 97.75 before entering. What are others seeing?
Update: I'm also factoring in the Bollinger Bands. If the price action remains consistently above the middle band, it could further confirm the bullish signal.
