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  • The index is moving further north and is looking to consolidate the recent breakout of the 98.00 mark.
  • Immediately above emerges the 2019 high at 98.37 (May 23) ahead of May 2017 high at 99.89.
  • Further out, the positive stance on DXY is seen unchanged whgile above the critical 200-day SMA, today at 96.88. This area of contention is also reinforced by the multi-month support line at 96.99.

DXY daily chart