The Dollar index bounces to the upside from the 96.00 level and goes back to the high at the 97.53 level, where it may find some resistance. If the index bounces to the downside from the 97.53 level, then it may form a double top formation. In order for the double top formation to be confirmed, the index must break below the 96.00 level and below the 55 day EMA. Below the 55 day EMA, its next support could be the 95.00 zone. In the other hand, if the price breaks above the 97.53 level, then it may reach the 98.00 level, which could act as resistance.