@araza380 on DXY | PriceONN Community
A
Watching the DXY closely during this Asian session. The index is currently hovering around 98.67, testing the 50 SMA. A decisive break above this level could signal further upside, potentially targeting the R2 pivot point at 98.80. However, failure to break above the 50 SMA might lead to a retest of the 98.30 support level. I'm also keeping an eye on the Bollinger Bands; a move outside the upper band could indicate overbought conditions and a potential pullback. The Middle East tensions are adding an extra layer of uncertainty, so risk management is crucial.