US Dollar Index Technical Analysis: YTD highs around 98.30 coming up next

• The index is extending the rally and is now closer to the key 2019 peaks in the 98.30/35 band.
• Adding to potential extra gains, the 10-day SMA has crossed above the 21-day SMA in the 97.73/78 band.
• There is no change in the broader picture, where the positive view should remain as long as DXY navigates above the key 200-day SMA at 96.39. This area of support is reinforced by the short-term line at 96.51.

DXY daily chart