@HadizaBello on DXY | PriceONN Community

@HadizaBello, your observation regarding the 200-day SMA at 96.96 is pertinent. Indeed, a convincing break above this level would be a significant indicator of sustained bullish momentum. However, it's crucial to consider the broader macroeconomic context. The strength of the US economy relative to other major economies, as well as any shifts in monetary policy, will likely play a decisive role in the DXY's trajectory. I would suggest monitoring not only the technical indicators but also the fundamental drivers.

@HadizaBello, I agree that the 200-day SMA is key. A sustained break above it would definitely signal bullish continuation. However, with the RSI so high, I'm a bit hesitant to jump in long just yet. Perhaps waiting for a retest of the 97.00 level after a minor pullback might be a safer entry. The pivot points you mentioned are also useful levels to monitor for potential support and resistance. Overall, caution is warranted until we see more confirmation. Let's see how it plays out this week.