US Dollar Index Technical Analysis: The Greenback meets resistance near 97.90

• The recovery in the index met a tough hurdle near 97.90, where aligns a Fibo retracement of the 2017-2018 decline.
• DXY has regained the constructive outlook after clearing the key 200-day SMA last week, today at 97.41.
• That said, the next target is now at the 55-day SMA at 98.35 ahead of 99.25 (October 8^th).

DXY daily chart