@ncarter393 on DXY | PriceONN Community
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Alright, weekend chart time. Looking at the DXY, I'm seeing a potential ascending triangle forming on the daily chart. If we get a breakout above that R1 pivot at 97.52, we could see a decent run-up next week. However, the RSI needs to confirm that move; it's still below 50, indicating weak momentum. A break below the 50 SMA at 97.47 could signal further downside, targeting that S1 pivot. I'll be watching those levels closely on Monday morning. Patience and confirmation are key here. Need to see volume accompany any breakout before committing.