The US dollar has gained considerable strength on geopolitical tensions and safe haven inflows. We have blasted through 98.22 and are currently meeting some resistance at 98.82. It is reasonable to expect a pullback here as we have spanned almost a full handle. But if we are able to break through current levels then 99.40 is our next target. We have strong support at 97.89, and 97.62 in the event of a retracement.
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