@michelle5600 on DXY | PriceONN Community
I'm seeing a potential bull flag forming on the daily chart. The DXY has been consolidating around the 97.50 level after a strong move up. If the flag breaks upwards, we could see a move towards 98.00. I think that the 200-day SMA at 96.85 is a key level to watch. If that breaks, the bullish outlook would be invalidated. I plan to add to my position on a confirmed breakout with a tight stop-loss order just below the flag.