US Dollar Index Price Analysis: The 2021 high emerges on the horizon

• DXY’s upside momentum reaches the 93.50 area.
• The 2021 highs above 93.70 comes next on the upside.

DXY extends the advance past the 93.00 mark and clinches new September highs near the 93.50 level on Monday.

The strong upside momentum in the greenback now targets the YTD high at 93.72 (August 20) ahead of the round level at 94.00.

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 91.42.

DXY daily chart