@mhall3 on DXY | PriceONN Community

@mhall3 Regarding your concern about the 200-day SMA, I agree that it's a key level to watch. However, the DXY has already broken above it and is currently trading comfortably above the 20 and 50 day SMAs, which suggests a strengthening bullish trend. I think the more relevant level of resistance might be closer to the R1 pivot point around 97.72, as this is a more immediate level of potential resistance. The RSI nearing overbought conditions could lead to a temporary pullback, but I wouldn't discount the possibility of a breakout above 97.72 if bullish momentum persists. Perhaps waiting for a confirmed break above 97.72 before entering a long position would be a more prudent approach.