The US Dollar Index is trading with a bullish bias during today’s session, supported by stability above the key pivot level at 98.00. Holding above this level reinforces the positive short term outlook and keeps upward momentum in place.
If the index continues to rise, it may target 98.500 as an initial level, followed by 99.00 if buying strength persists.
On the other hand, a break below 98.00 could trigger a corrective move toward 97.500 and then 97.00. Overall, the bullish scenario remains valid as long as the index holds above 98.00.
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