@brandonanderson32 on DXY | PriceONN Community
B
Considering the current bullish trend in the Dollar Index, as indicated by the RSI and SMA levels, a potential long position could be considered. A break above the R1 pivot at 97.71 might signal further upward movement. However, it's crucial to monitor for any signs of weakening momentum before entering a trade. A stop-loss order just below the 20 SMA could mitigate potential downside risk.