@vpatel778 on DXY | PriceONN Community
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The DXY's current RSI of 73.4 indicates overbought conditions, suggesting a potential pullback. However, the price is currently above all three SMAs (20, 50, and 200), which signals continued bullish momentum. I will be watching for a potential shorting opportunity if the RSI begins to decline while the price struggles to break the R1 pivot point at 97.45. A decisive break below 97.32 (S1) would confirm the reversal.