The US Dollar Index is moving in a sideways range as it stabilizes around the pivotal level at 98.50.
In the event of an upside move, the index is expected to test 98.72, followed by 99.00.
Alternatively, a downside reversal could push the index toward 98.10 and then 97.90.
As long as prices remain above 98.50, a retest of 98.72 remains the preferred scenario.
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