The US dollar index ($DXY) remains in a major (long-term) uptrend, extending its move to a high of 97.74 during February. Yes, the $DXY is sharply overbought, with monthly stochastics near 90%, but given the global situation investors still view the greenback as a safe-haven market. Initial support is well below February’s close of 96.71, with the previous 4-month low for March at 93.82 from November 2021. Fundamentally, analysts are now talking about the US Federal Reserve raising interest rates more than 10 times through 2023. Higher interest rates would be expected to provide continued support to the $DXY.