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The dollar remains at elevated levels post...>

DOLLAR
DOLLAR: The dollar remains at elevated levels post strong US data. USDJPY
extends to Y109.89 with bulls targeting a break of Y110.00/05 which holds the
38.2% fibo of the May range and May 10 hourly highs.
- The DXY lifts to 97.74, before meeting resistance from the May 5 high. Expect
further supply ahead of 98, ahead of a run at the double-top resistance area at
98.30/35.
- UST 10y yields breached 2.41% with focus on the 38.2% retracement of the May
range at 2.4368%.
- The stronger USD theme briefly took gold under $1290, near-term support at
$1289.25 from the 38.2% retracement of the May range.

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