The US Dollar Index is trading in a bearish trend during today’s session, remaining below the pivot level of 96.90.
If downside momentum continues, the index is expected to decline toward 96.60 followed by 96.10.
Alternatively, in case of a bullish reversal, the index may rebound to target 98.82 and then 99.11.
The bearish outlook remains valid as long as prices stay below 96.90.
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