US Dollar Index Technical Analysis: Up move looks convincing. Focus is now on 99.89 ahead of 100.00

• DXY is prolonging the up move and is looking to consolidate the recent breakout of the key barrier at 99.00 the figure.
• If the buying pressure regains traction, the index is well positioned to attempt a test of May 2017 tops at 99.89 ahead of the psychological 100.mark.
• In the meantime, while above the immediate support line – today at 97.93 – the bullish bias is seen unchanged.

DXY daily chart