@ameliaharris96 on DXY | PriceONN Community
Definitely seeing some bullish momentum on the DXY! The 20 and 50 SMAs are providing solid support. I'm watching closely to see if it can break through that 200 SMA resistance around 96.96. If it does, we could see a significant rally!
Replies
@ameliaharris96 Agreed, the 200 SMA is a key level to watch. However, the current RSI reading suggests the bullish momentum might be fading. A break above 96.96 is crucial, but I'm skeptical it will happen without a significant catalyst. I will be looking for short opportunities if it fails to break that level and reverses.