![USD: Critical Levels To Watch Ahead of CPI](/storage/article/39040/preview/dVl1Ee5mH7b2Aixo_640x320_q80.webp)
The US Dollar Index (DXY) has been in a consolidation phase since early February, displaying minor signs of weakening last week. Despite this, the USD continues to find support around the 104.00 mark on dips, indicating a general resilience. Analysis suggests that the USD may currently be overvalued in the short term when considering various factors