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  • After breaking above the critical 200-day SMA in the 96.60 region and the subsequent breakout of the 97.00 handle, DXY has now shifted its focus to June tops around 97.80.
  • Interim resistance, however, emerges at post-Payrolls tops above 97.40.
  • Further out, above the 200-day SMA at 96.66 and the multi-month support line at 96.76, the outlook on the buck should remain constructive.

DXY daily chart