@ThomasW87 on DXY | PriceONN Community

@ThomasW87, your observation about the 20 SMA on the H4 chart is valid. It's definitely acting as a dynamic support/resistance level. However, I would caution against relying solely on that single indicator. Consider incorporating other tools such as the RSI to confirm potential overbought or oversold conditions. A break below 97.40, coupled with a bearish RSI divergence, could indeed signal a shorting opportunity. Always confirm with multiple indicators and manage your risk accordingly. Remember, no single indicator is foolproof. What's your risk management strategy looking like for this potential trade?