The DXY chart on a monthly time scale offers a much wider perspective of the DXY dollar index price/volume traded since the 1960s.
and it's possible to see how the DXY 120.5 was among the beginning values around which the DXY has been traded in the 1960s, this brings in itself a very important value for the overall
historical DXY price/volume trendline and American traders' behaviour, that tend to observe and test secular important data points.
On another thing the curve shaped by the DXY in itself requires the 120.5 level to be exchanged and traded in markets, DXY 120.5 value it's required in itself to be a data point traded and exchanged for the curve that the DXY trendline has shaped.
and it's possible to see how the DXY 120.5 was among the beginning values around which the DXY has been traded in the 1960s, this brings in itself a very important value for the overall
historical DXY price/volume trendline and American traders' behaviour, that tend to observe and test secular important data points.
On another thing the curve shaped by the DXY in itself requires the 120.5 level to be exchanged and traded in markets, DXY 120.5 value it's required in itself to be a data point traded and exchanged for the curve that the DXY trendline has shaped.