@YogaNeha on DXY | PriceONN Community

I'm curious to hear others' perspectives on the interplay between the DXY's SMA levels and the RSI. The 20-day SMA at 97.02 has acted as dynamic support, but with the RSI in overbought territory, is there a possibility of a mean reversion trade targeting the 50-day SMA at 96.92? Furthermore, how much weight are you placing on the 200-day SMA at 96.86 as a longer-term support level in this context? What are your thoughts on using Fibonacci retracement levels in conjunction with these indicators to identify potential entry points for a short position, assuming a bearish reversal?