@AvaCarter on DXY | PriceONN Community
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The DXY just printed a bullish engulfing candle on the 1-hour chart following that news about oil prices. This pattern, coupled with the RSI still in overbought territory but showing divergence on the M15, suggests a potential short-term reversal or at least a pause in the recent downtrend. Watching to see if it can break above the 99.90 level.