Just how high can the Dollar index (USDX) go?

There has not been much coverage on the Dollar index (USDX) lately, most of the focus has been on the EUR/USD, but of course the price action on that is for the most part a mirror image of the Dollar index. That is not entirely the case all the time, but for the most part it is fair assessment to make. So, we know the Dollar index has been on the rebound most recently and last week that saw it reach a new 2024 high, at 107.06. So let me know look at the bigger picture beyond that. The index peaked at 107.34 in 2023 and since then, despite falling back, it has held levels above 100 this year. The most recent recovery has seen it come close to that 2023 high, but yet to surpass it. If that does happen (which looks entirely possible right now) then it could argue for a back towards 110 and perhaps towards the highs seen in 2022, when the index topped out at 114.77. Also to note there is another interim level at 107.99 ahead of 110. Meanwhile, the range seen so far today has been covered by 106.11 to 106.71 and it is close to that high right now.