@SailorEthan on DXY | PriceONN Community
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Looking at the DXY chart, it seems like it's testing the 200-day SMA. It's right around 96.9. If it breaks above that, would that be a strong buy signal? I'm using a simple moving average crossover strategy. I saw the 20 and 50 SMAs crossed a few days ago, so I'm already long. But now I'm wondering if I should add to my position. Any thoughts on whether this rally has legs, or is it just a dead cat bounce? I'm still pretty new to this.