The US Dollar Index is trading within a sideways range during today’s session, fluctuating around the pivot level of 98.20 amid cautious market sentiment.
If downside pressure continues, the index is expected to decline toward 97.80 followed by 97.60.
Alternatively, in case of a bullish rebound, the price may target 98.60 and then 99.10.
The bearish bias remains valid as long as trading stays below 98.20, supporting a potential move toward 97.20.
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