@shahbazjatoi66 on DXY | PriceONN Community
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DXY remains in a defined uptrend, supported by the 20, 50, and 200 SMAs. However, current price action suggests a possible consolidation phase near the 97.60 resistance. A decisive break above 97.60 could signal further upside towards 97.80-98.00. Conversely, failure to hold above 97.50 may lead to a retest of the 97.35-97.40 support zone (S1/S2 pivots). Monitoring price action in relation to the Bollinger Bands for potential breakout or reversal signals. Watch for correlation with USD pairs for confirmation.