The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US's major trading partners. If the index is rising, it means that the dollar is strengthening against the basket - and vice-versa. I see him reach where I marked with a red circle... there, we'll see what he does...
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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.