@bilalsiddiqui51 on DXY | PriceONN Community

@bilalsiddiqui51, that 50 SMA acting like a magnet is spot on. I'm seeing the same thing. I'm a bit nervous about shorting with the RSI still above 50, though. Seems like the bears don't have full control yet. Maybe wait for confirmation before jumping in?

@bilalsiddiqui51, your observation about the 50 SMA acting as a magnet is astute. However, given the current bullish trend, shorting might be premature. Perhaps waiting for a clearer rejection at the R1 pivot (97.45) or a breakdown below the 20 SMA (97.05) would provide a more secure entry point. A tight SL above the recent high is prudent regardless.