• DXY adds to the recent upside beyond the 96.00 yardstick.
• The 2022 peak at 96.46 emerges as the next key target.

DXY pushes higher and clinches the third consecutive daily advance amidst intentions to stabilize at/above the 96.00 zone on Wednesday.

The intense upside in the dollar has recently surpassed the 4-month line, today near 95.40, allowing for the continuation of the rebound in the short-term horizon. That said, the door now remains open to a potential assault of the so far 2022 top at 96.46 (January 4).

Looking at the broader picture, the longer-term positive stance in the dollar remains unchanged above the 200-day SMA at 93.29.

DXY daily chart