Monitoring the DXY for a potential short opportunity if it fails to break the 96.75 resistance level. A confirmed rejection at this level, coupled with a bearish divergence on the RSI, could signal a move back towards the 96.50 support. Tight stop loss above 96.80 is advisable.
@megangarcia69 Agree on the potential short setup. A bearish divergence on the RSI coupled with a rejection at 97.7 warrants close observation. Confirm with price action before initiating a short position. Risk management is key.
