US Dollar Index Technical Analysis: Rebound needs to regain the 96.60 region

• DXY has regained some buying interest after bottoming out in the 95.80 region, coincident with late February lows. Further south emerges the next support ay 95.74, or March low.
• The ongoing recovery should ideally retake the 96.60 region, where sit the critical 200-day SMA and the multi-month resistance line.
• If/when this area is cleared, the immediate target will be monthly peaks in the 97.75/80 band.

DXY daily chart