US Dollar Index Technical Analysis: Next on the upside appears 99.10

• DXY is adding to Monday’s gains neat 98.70 although still somewhat below recent tops in the 98.80/85 band.
• A potential move to last week’s top at 99.10 remains well on the cards as long as the 55-day SMA at 97.96 holds the downside in the near term.
• If the index manages to clear this area of resistance, it should then target 98.93 (high August 1^st) ahead of the 2019 high at 99.37(September 3^rd).

DXY daily chart