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  • The index keeps the march north unabated so far on Wednesday, surpassing recent tops at 98.40 and testing the vicinity of 98.50.
  • The continuation of the upside impetus is expected to meet the next hurdle at the 99.00 mark ahead of 99.25 (October 8th peak).
  • Occasional bearish attempts are likely to find moderate support in the 97.90 region, where coincide a Fibo retracement of the 2017-2018 drop and he 100-day SMA.

DXY daily chart