@OceanWave83 on DXY | PriceONN Community
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I'm keeping a close eye on the 4-hour chart for the DXY. We're seeing some bearish RSI divergence developing as price hovers near the 99.40 support, which also happens to align with the S2 pivot. If this level breaks decisively, I'll be looking for a continuation down towards the 99.20 area. However, if we get a bounce, I want to see if it can reclaim the 20-period SMA at 99.60. The overnight session is quite thin, so any move could be exaggerated. Any thoughts on whether this RSI divergence is likely to hold given the current quiet market conditions?