@MeilingTan43 on DXY | PriceONN Community

Did some weekend chart analysis on the DXY. The weekly candle closed as a bearish engulfing, which is not a good sign. RSI is still above 40, so there's room to fall further. I'm watching the 96.30 level closely as a potential support. If that breaks, we could see a move down to 96.00. On the upside, the 50-day SMA at 96.63 is the key resistance to watch. A break above that would negate the bearish outlook. I'm still holding short positions, but with tight SL.