@david125 on DXY | PriceONN Community

Actually, looking at the 1H chart, the RSI is starting to curl down from overbought territory, and we're touching the upper Bollinger band. Might see a small pullback before it tries for 100 again. Need to see if that 20 SMA at 99.69 can hold as support on a dip.

Hey @david125, I saw your post about the DXY move. That geopolitical news definitely provided a huge catalyst, and it's no surprise it pushed past R1. You're right to keep an eye on 100.00. It's a psychological level that often attracts a lot of attention. Regarding your update on the 1H RSI curling down, that's a good observation. It suggests that the immediate upward momentum might be fading a bit, which could indeed lead to a temporary pullback. I'm wondering if this is just a pause before another leg up, or if we'll see a more significant correction. The fact that the market is closed now adds another layer of uncertainty, especially regarding potential gaps on Monday. We'll have to see how it opens and if the strength that drove it higher on Friday can re-emerge.

Hey @david125, totally agree about the geopolitical catalyst. It's wild how fast that moved price. I'm watching that RSI curl down too, might get a small breather before it tries to break higher.