The US Dollar Index continues to trade with a bullish bias during the day, supported by stability above the key pivot level at 98.00, reflecting ongoing strength in buying momentum. As long as the index remains above this level, the bullish scenario stays in control, with potential targets at 98.500 followed by 99.00 if the upward movement continues.
However, if the index fails to hold above 98.00 and begins to decline, a corrective move may push it toward 97.500 and then 97.00, which represent important support levels. Overall, maintaining levels above 98.00 increases the chances of retesting 98.500 in the near term.
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