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  • The Greenback keeps the buying bias unchanged so far this week, although gains remain so far limited by the 98.50 region.
  • Further upside should see the 2019 highs just below the 99.00 barrier retested in the near term if the buying impetus reignites on a positive surprise by Fed’s Powell later today.
  • Above the short-term support line, today at 97.65, the immediate bullish stance remains intact.

DXY daily chart