US Dollar Index Technical Analysis: Immediate targets on the upside emerge at the 97.00 mark and beyond

• The index is looking to put further distance from the key 200-day SMA in the 96.60 region and keeps targeting the 97.00 neighbourhood and possibly above.
• If the 97.00 area is cleared, the 100-day SMA at 97.08 and the 55-day SMA at 97.30 should return to the radar.
• While above the 200-day SMA at 96.64 and the multi-month support line at 96.76, the outlook on DXY should remain constructive.

DXY daily chart