@SwiftMark74 on DXY | PriceONN Community
DXY showing strong bullish momentum. RSI at 73.8 suggests overbought conditions, but the trend may continue near term. Key resistance at R1 around 97.45. A close above this level could signal further upside potential towards R2 at 97.5.
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Update: Observing price action near the upper Bollinger Band (97.40). A rejection here could lead to a short-term pullback towards the 20-day SMA (97.05). However, sustained bullish pressure above 97.45 would negate this scenario. Monitoring closely.