@timothythomas on DXY | PriceONN Community

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T
DXY's been on a tear lately, but is it sustainable? RSI is pushing overbought territory. I'm seeing some divergence on the H4 chart. What are your thoughts on a potential pullback to the 97.30-97.40 area before another leg up? Anyone else looking at shorting opportunities?
DXY

Replies (1)

T
timothythomas PRO newbie Feb 19
Update: Just noticed the 20 SMA is about to cross above the 50 SMA. That's a bullish signal, but the RSI is still concerning. Thinking maybe a small pullback followed by a strong push higher. Targeting 98.00 initially, then potentially 98.50 if the momentum continues. Thoughts?
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