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Just curious what everyone's long-term outlook is on the DXY. Do you think the recent strength is sustainable, or is this just a temporary correction before another leg down? I'm keeping an eye on the 50 SMA around 97.15 as a key level to watch. What are your thoughts?
Hey @schen570, I'm still pretty new to this, but I think the DXY's strength might be temporary. The 50 SMA is definitely a key level like you said. If it can't break above that convincingly, I reckon we'll see it pull back. Just my two cents though, still learning the ropes!
