US Dollar Index Price Analysis: Short-term top emerges at 97.45

• DXY is adding to the prevailing consolidative mood around 97.00.
• Immediately to the upside aligns recent tops near 97.50.

DXY keeps the choppy performance well and sound for yet another session on Thursday.

If the recovery picks up a more serious tone, then the recent peaks in the 97.40/45 band (June 12) should emerge as the next short-term target ahead of the Fibo level (of the 2018-2018 drop) at 97.87.

The recovery is seen as corrective-only as long as the 200-day SMA, today at 98.39, caps the upside.

DXY daily chart