US Dollar Index Technical Analysis: The Greenback remains weak and challenges the 100-day SMA

• DXY is extending the bearish move below the key support at 98.00 the figure, recording at the same time fresh 2-month lows.
• The down move is putting under pressure the key 100-day SMA at 97.80 and breaching the September’s low at 97.86.
• A break below this area should open the door for further weakness to the 200-day SMA at 97.36.

DXY daily chart