@AnjaliKumar67 on DXY | PriceONN Community
The DXY's current RSI reading near 70 suggests it's approaching overbought conditions on the daily timeframe. While the trend remains bullish, a pullback towards the 97.15-97.20 area, coinciding with the 20-day SMA, could present a strategic entry point for long positions. Monitor price action closely for signs of exhaustion before initiating any new trades. Consider implementing a trailing stop to protect profits as the index progresses.