@IKing55 on DXY | PriceONN Community
I
Watching DXY push higher with this risk-off sentiment is textbook. We're seeing a clear liquidity grab above that 99.70 level, which is exactly what I'd expect with this kind of news flow. The RSI is climbing but still has room before it's overbought on the daily, so there could be more upside. I'm keeping an eye on the 100.00 psychological level, but a clean break above R1 at 99.61 suggests we might see that sooner rather than later. If it holds above the 20 SMA at 99.42, that's another bullish confirmation. Just remember to manage your risk; even strong trends can have sharp pullbacks.