@jack551 on DXY | PriceONN Community
J
Weekly close wasn't too bad, all things considered. We bounced off that 97.30-ish level, which is a decent sign. But still, the 20 SMA is acting as resistance. Need to see a convincing break above 97.60 next week to confirm any bullish momentum. RSI is still hovering around neutral, so no clear direction there. I'm leaning towards a sideways consolidation before the next big move. Think I'll be watching the price action around the 50 SMA closely. Gonna be a boring weekend waiting for the market to open again!