Flag on the Dollar index

We can see on the daily chart of the Dollar index that it has been consolidating above the 200 day exponential moving average, around the 95.71 level, forming what it appears to be a bullish flag or an ascending triangle. The resistance of the formation is at the 96.84 level, where the pressure is rising to the upside. A break out of that level to the upside may cause the index to rally towards the high at the 98.59 level. The support of the formation is at the 95.34 level and a breakdown of that level could take the index to the low at the 93.00 level. Lastly, a bullish cross of the 55 day exponential moving average, purple line, of the 200 day exponential moving average may confirm a continuation of the bullish trend.