DXY Parabolic RiseThe 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.
