@DavidBrown on DXY | PriceONN Community
Weekend analysis on DXY. Friday's close above 99.00 was solid, especially given the geopolitical backdrop. The RSI sitting at 51 is still neutral, no real overbought/oversold signals there for now. I'm watching for any significant gap action on Monday open. Could be a quiet weekend study session.
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Adding to my weekend thought: that news about the dollar's safe-haven status fading is interesting. If that narrative really takes hold, it could put some pressure on DXY next week, even with rising yields. I'm keeping an eye on the 99.00 support level. A break below that could signal a shift. I'll also be looking at the 200-day SMA around 99.19 as a key area to watch for potential resistance or support depending on the direction.