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  • DXY is extending the bearish move below the key support at 98.00 the figure, recording at the same time fresh 2-month lows.
  • The down move is putting under pressure the key 100-day SMA at 97.80 and breaching the September’s low at 97.86.
  • A break below this area should open the door for further weakness to the 200-day SMA at 97.36.

DXY daily chart