US Dollar Index Technical Analysis: Upside bias allows for a test of 99.89

• DXY is trading in fresh 2019 highs above the 99.00 mark at the beginning of the week, adding to last week’s gains.
• If the buying pressure regains traction, the index is well positioned to attempt a test of May 2017 highs near 99.90 ahead of the psychological 100.00 the figure.
• In the meantime, while above the immediate support line – today at 97.90 – the bullish bias is seen unchanged.

DXY daily chart