@PrimeMover5 on DXY | PriceONN Community
Okay, so looking at the DXY, the SMAs are all showing a bullish trend, which is good. 👍 But that R1 pivot at 97.64 seems to be acting as some resistance. I'm thinking if it breaks above that, we might see a push towards R2 at 97.72. I'm a bit concerned about the overbought RSI though, as it could signal a potential reversal or at least a consolidation period. I'm planning to wait and see how it reacts around 97.64 before making any moves. 🤔 I'm also monitoring news events that might impact the dollar, as that could easily change the picture. Any other indicators I should be looking at? 🧐