US Dollar Index Price Analysis: Extra losses target the 92.00 zone

• DXY remains under pressure well below the 93.00 mark.
• Monthly lows near 92.00 emerge as the next support of relevance.

The downside momentum in DXY appears to have met some decent contention in the 92.40 area, where sits the 6-month support line.

A break below this line could accelerate losses to the monthly lows in the 92.15/10 band (November 9) ahead of the 2020 low at 91.74 (September 1).

Further out, as long as DXY trades below the 200-day SMA, today at 96.34, the negative view is forecast to persist.

DXY daily chart