US Dollar Index Technical Analysis: Immediate target on the upside remain at 2019 highs around 97.70

• DXY is attempting some consolidation following recent peaks in the mid-97.00s.
• The ongoing correction is seen as temporary only while the greenback keeps targeting YTD highs in the 97.70/75 band ahead of 97.87, June 2017 peaks.
• In the meantime, the outlook on the index remains positive above the key 200-day SMA, today at 95.98.

DXY daily chart