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The U.S. Dollar Index (DXY) has recently shown a significant upward trend, reaching its highest level since November and currently trading between $105-$105.5. Market analysts have been closely monitoring the DXY, noting its movement above February's peak and highlighting the importance of the upcoming Monday to Wednesday period for USD pairs. The index's performance is being watched for potential supply side reactions, with several analysts confirming a breakout in the DXY's trend. This movement indicates a strong performance for the USD against a basket of other currencies.