US Dollar Index Price Analysis: Recovery targets the mid-92.00s

• DXY trades in new 3-day highs near 92.40.
• A minor hurdle aligns near 92.50, the 55-day SMA.

DXY advances further and retakes the 92.40 region on turnaround Tuesday, or new 3-day highs.

The current recovery seems to have further legs to go and carries the potential to re-visit the 92.50 region, area coincident with the 10- and 55-day SMAs. Further north comes in the 20-day SMA ahead of pre-Jackson Hole peaks near 93.20.

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 91.33.

DXY daily chart