@dmenon221 on DXY | PriceONN Community
D
The weekend is a good time to assess the DXY's trajectory. While Friday's close showed some bullish momentum with RSI still in overbought territory and above key SMAs, the geopolitical uncertainty could easily trigger a significant gap down on Monday. I'm watching the AUD/USD pair's reaction to the weakening dollar; if that continues, DXY could face headwinds. Risk management is key here, especially with potential news catalysts from the Middle East and inflation data.