Although yesterday’s high occurred just slightly above Friday’s, it surpassed a key peak at 79.51 recorded back in August. This refreshed the bullish trend on the daily chart, and also put DXY within easy striking distance of a second important peak at 79.66 made in July. It should not pose much of a challenge, since my minimum upside projection over the near term is 80.24 (with additional potential to 80.78 if the dollar closes above that number).
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