US Dollar Index Technical Analysis: Further upside seen on a breakout of the 55-day SMA at 98.35

• The index continues to push higher and is now flirting with the key 110-day SMA in the 97.90 region, or 2-week highs.
• The constructive outlook on the Greenback has been reasserted after the index broke above the critical 200-day SMA in the 97.40 region in past sessions.
• That said, the next target is now at the 55-day SMA at 98.35 ahead of 99.25 (October 8^th).

DXY daily chart