US Dollar Index Technical Analysis: outlook stays constructive above the 200-day SMA

• The index continues its march north and is approaching the key barrier at 98.00 the figure.
• The constructive stance on DXY is once again in place after the recent breakout of the critical 200-day SMA in the 97.40 zone.
• That said, further gains should now initially target the 55-day SMA, today at 98.29 ahead of 99.25 (high October 8^th).

DXY daily chart