@ahall994 on DXY | PriceONN Community
A
Looking at the weekly close, the DXY is still stuck in that range. The 20 and 50 SMAs are pretty much on top of each other, so I'm not seeing a clear direction yet. RSI is below 50, but not oversold. I think we need to see a break above 97.60 or below 97.30 to get a better sense of where it's headed. I'm going to keep an eye on the news and economic data releases next week to see if anything triggers a move. Might consider a small short if it hits R1 on Monday.