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Dollar index (USDX) edges above resistance 99.86 but it that the extent of it?

In recent updates we have been focusing on a number of levels in the Dollar index and the low seen last week ahead of Friday had been set at 99.86. It was the breakdown below that level later on Friday which led the index down to as low as 99.41 earlier today. Since that low we ran another update noting how the index was trying to push back towards that 99.86 level. 

Well, if you care to look closely just now you will see the index has managed to trade as high as 99.87 a moment ago. It had been pushing on that price point for quite a while, so it has just managed to vault the 99.86 level. Clearly there was resistance there, but the question now; can it extend on the topside, or is the dollar going to turn lower again? Perhaps we shall shortly find out. The index is right now at 99.85

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