@ocook143 on DXY | PriceONN Community

Continuing on that DXY analysis, the Bollinger Bands are also quite tight right now, sitting between 99.32 and 100.03 with the price near the upper band. This often precedes a significant move, but the question is direction. Given the current neutral RSI at 51.5, it's hard to call. I'm leaning towards a potential upside breakout if we can clear R1 at 99.48 decisively, but I'm also watching the S1 pivot at 99.32 closely as a support level. The overnight price action suggests we're consolidating before whatever the next major catalyst is, likely tied to upcoming economic data or Fed commentary.

Interesting point @ocook143 about the SMA 50 holding above the 200. I always forget to check those longer-term averages, thanks for the reminder!