US Dollar Index Price Analysis: A move to 93.18 remains on the cards

• DXY corrects lower from monthly highs near 93.00.
• Further up comes the 93.18 level (high August 27).

Following new monthly highs just below 93.00 the figure, DXY gives away part of the those gains at the end of the week.

The resumption of the bull trend is expected to, initially, re-visit the pre-Jackson Hole peak at 93.18 ahead of the 2021 high at 93.72 (August 20).

In the meantime, and looking at the broader scenario, the constructive stance on the dollar is seen unchanged while bove the 200-day SMA, today at 91.41.

DXY daily chart