DXY is approaching the 200-day SMA around 96.94. A break above that could signal further upside. However, the RSI is neutral, so waiting for confirmation is prudent. Could be a good entry point for a long position if it holds above 97. Patience is key.
Update: I'm watching for a potential pullback to the 96.60 area before considering a long position. Risk management is crucial here.
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lgreen706PROnewbieFeb 22
Interesting point about the 200-day SMA, @MelissaMartin20. I agree that waiting for confirmation is key. I'm not convinced it's ready to break higher yet.
