DXY has bounded through 93.50.
More upside is possible with resistance at 94.00.
The Dollar rally remained firm boosting DXY through resistance at 93.50 on Wednesday, hitting fresh multi week highs .
Further gains are possible and DXY could target 94.00, a level last seen in early August..
The dollars’ bias is not expected to change whilst below the 200-day SMA, (97.33 today). Should the bears take hold in a meaningful way then the YTD low at 91.75 could come into focus.
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