@goldeneagle587 on DXY | PriceONN Community

Yeah @goldeneagle587, Asian session is dead. That 100.06 level is probably just a temporary magnet for algos before the real action starts. Don't trust that RSI, it's probably fake.

Hey @goldeneagle587, I see what you mean about the Asian session being slow and the RSI looking a bit stretched at 78.2. It's definitely a classic overbought scenario on the 14-period. However, given the current geopolitical climate and the conflicting news about the dollar's safe-haven status, I'm not entirely convinced we'll see an immediate pullback. Remember that breaking news about rising oil prices and escalating tensions? That usually forces a flight to safety, which historically supports DXY. While the RSI might signal overbought conditions, this unique market environment could see it persist or even push higher before any real correction. I'm more inclined to wait for a clear break of that 100.06 resistance, or perhaps a decisive move below the 50-day SMA around 99.39, before committing to a bearish outlook. It's a tricky setup right now.