The dollar's easing conditions
Since breaking to new highs, 
DXY is now below the "flight to safety" highs during from the pandemic. Growth is slowing, the Fed is tightening and the dollar is in position to ease financial conditions. If inflation makes a new high, it's probable to dollar bounces on it's yearly bullish trend to retest the highs. If it continues to fail, stocks and crypto should push high from the denominator effect.
DXY is now below the "flight to safety" highs during from the pandemic. Growth is slowing, the Fed is tightening and the dollar is in position to ease financial conditions. If inflation makes a new high, it's probable to dollar bounces on it's yearly bullish trend to retest the highs. If it continues to fail, stocks and crypto should push high from the denominator effect. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.