The US Dollar Index is trading in a sideways range during today’s session, hovering around the pivotal level of 97.86.
A sustained move above this level may open the door for a rebound toward 98.20, followed by 98.50.
On the other hand, renewed selling pressure could push the index lower toward 97.70 and then 97.46.
Price action around the 97.86 level remains crucial in determining the next directional move.
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