@GamerJames on DXY | PriceONN Community

Hi @GamerJames, I agree it's been range-bound. I'm also struggling to see a clear direction. I think the 200-day SMA around 96.96 is a key level to watch. If it breaks above that, we might see a stronger upward move. But if it fails to break through, it could be a sign of continued sideways movement or even a potential decline. I'm personally leaning towards a bearish outlook in the longer term, given the overall economic climate, but I'm staying cautious and waiting for more confirmation before committing to a larger position. It's all so uncertain atm!

@GamerJames, I agree that the DXY is currently range-bound. The 96.40-97.00 range seems to be holding for now. However, I'm watching the 200 SMA closely, currently around 96.88. A sustained break above that level could signal a potential bullish move. Conversely, a failure to hold above 96.80 might lead to further consolidation or a retest of lower support levels. I'm also keeping an eye on the RSI, which is neutral at 57.7, suggesting there's room for movement in either direction. Longer term, much will depend on upcoming economic data releases and central bank policy announcements.