- The weekly upside in DXY remains well in place, although gains appear so far limited by the 97.70 region.
- The greenback needs to surpass, initially, 98.10 (May 3 high) in order to get a chance to re-visit 2019 highs in the 98.30/35 band.
- Furthermore, the positive outlook on the index should remain unchanged above the key 200-day SMA at 96.33 and the +3-month support line at 96.43.
DXY daily chart
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