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  • DXY keeps its march north unabated on Friday and is now looking to consolidate the recent breakout of the key barrier at 99.00 the figure.
  • The continuation of the buying pressure in the buck should see the 2019 high near 99.40 re-tested any time soon ahead of May 2017 high at 99.89.
  • While above the 3-month support line, today at 98.18, the index is expected to keep the bullish bias unchanged.

DXY daily chart