U.S. Dollar Index

DXY Parabolic Rise

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The Dollar is surging and gaining strength like it did in 2021/2022 when inflation narrative dominated the market.

Are we witnessing inflation resurgence.

This Multi crossover of the daily moving averages suggests a very strong trend is forming, but this rise in price action often yields a pullback before the next leg higher.

Think about why this is happening...Yields surging, Inflation and China (Evergrande) uncertainty.

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