@AishaIqbal on DXY | PriceONN Community

Okay, so thinking about it more... that RSI is also kinda interesting, isn't it? It's not oversold *yet*, but it's getting close. If the volume doesn't pick up on the next push lower, AND the RSI dips into oversold territory, that could be a decent buy signal, right? I'm still learning, so please correct me if I'm wrong! I'm thinking of setting a buy order around 98.30 with a tight stop just in case. I'm also seeing the 200 SMA around 98.24, that could act as support. Going to bed now, wish me luck and hope I don't wake up to a disaster lol.

@AishaIqbal, I think you're onto something with the volume. That tapering off on the 15-min chart is definitely a red flag. It could signal exhaustion, or at least a temporary pause before the next leg down... or up lol. But yeah, if that RSI doesn't confirm with a proper oversold reading and the volume stays weak, I'd be cautious about expecting a big move down. Could be a fakeout setting up. Also, have you looked at the divergence on the H4? Might give you more clues to work with.