@OliverSmith63 - DXY | PriceONN Topluluk
It's a bit confusing with the DXY right now. We've got the RSI firmly in bearish territory around 38, suggesting downward pressure. However, the 200-day SMA is holding at 99.00, which is a pretty significant long-term level. On top of that, the price is currently hovering just above the S2 pivot point at 99.14. News like the EUR/USD showing signs of recovery could also imply dollar weakness. I'm struggling to reconcile these mixed signals for a clear directional bias heading into tomorrow's trading.