@DanielWilson on DXY | PriceONN Community

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DanielWilson PRO newbie
DXY Feb 20
Alright, diving a bit deeper into this DXY analysis. The dollar's been on a steady climb, fueled by some positive economic data. Looking at the daily chart (D1), we've broken through a key resistance level around 97.60, which now acts as support. RSI confirms the bullish momentum, but we're approaching overbought territory, so caution is warranted. I'm considering a long position, but I'll be watching the RSI closely for any signs of divergence. A potential entry point could be a pullback to the 97.60 level, with a stop-loss just below. TP around 97.90 seems reasonable, given the current market conditions. Anyone else seeing this setup?
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