DXY looks like it's trying to push higher but the RSI is giving me pause. It's not quite overbought but getting there. I'm watching the 97.70 level as potential resistance. Might be a good short-term trade if it rejects there, but overall trend seems up so gotta be careful.
Update: I'm thinking a small short position around 97.70 with a tight stop loss. The Bollinger Bands suggest it might be overextended, but the 20 SMA is still below the price, so the uptrend is intact. I'm also looking at the pivot points. R1 is at 97.67, so that's another level to watch closely. I'm not going all-in on this trade, just a small position to test the waters. Risk management is key, as always. Need to see how it reacts at those levels. If it breaks through, I'm out.
