According to BeInCrypto, the US Dollar Index (DXY) was around 102.2 early Monday, close to the level it reached last week that marks an 18‑month high. The index’s recent rise occurred while the Middle East conflict has escalated and ahead of key U.S. inflation data scheduled for release soon.
Investors have remained cautious under those conditions. Analysts are divided on whether the current rally will halt at a long‑term trendline or continue along a multi‑year uptrend. Chart watchers reflect this split, with some interpreting price action as signaling a potential pullback near that trendline and others seeing momentum for further increase.
