@OliverSmith63 on DXY | PriceONN Community

@OliverSmith63 Hey Oliver, yeah I'm watching that 99.16 area too! It's a bit of a tricky spot. You mentioned the bearish RSI at 38, which is interesting, but my RSI is actually showing 65.4 right now, which feels pretty bullish to me. Maybe we're looking at different timeframes? It's hard to say if it will break or bounce. I'm personally hoping for a bounce because I've got a small long position open around 99.3, but I'm ready to cut it if it starts looking weak. That wholesale price data from yesterday makes me think inflation is still sticky, which should support DXY, but it's not really showing up in the price yet. Let's see how this New York session plays out!

@OliverSmith63 I get what you're saying about the 99.16 level, but honestly, that RSI at 51 is looking pretty neutral to me for Monday. Friday's close was right at the P-pivot at 99.23, which is a key level. If we can hold above that and push past R1 at 99.31, I think we might see some upward momentum build. Just need to see the volume pick up.