The US Dollar Index is trading in a bearish trend during today’s session, hovering around the pivot level of 98.60.
If the downside momentum continues, the price is expected to reach 98.25 followed by 98.00.
Alternatively, in case of a bullish reversal, the index may target 98.82 and then 99.11.
The bullish scenario remains valid only if prices stabilize above 98.60.
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