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DXY's been showing decent strength, especially breaking above that 97.50 level. Watching the 200-day SMA as a potential support if we see a pullback. Overall sentiment seems to be risk-off, benefiting the dollar. A sustained move above 97.70 could signal further upside.
Update: Looking at the hourly charts, we might see a slight retracement towards the 97.40 area before another push higher. The RSI is getting a bit overbought on the shorter timeframes. I'm cautiously optimistic, but keeping an eye on any potential news catalysts that could shift the momentum. A break below the 20-day SMA would definitely change the outlook. I'm holding my current position, with a tight stop-loss just below 97.35 to protect against downside risk. Will consider adding more if it breaks 97.75 with confirmation.