The US Dollar Index is moving sideways during today’s session, stabilizing around the pivotal level at 98.50.
In the event of an upward move, the index is expected to target 98.72, followed by 99.00.
Alternatively, if downside pressure emerges, prices may decline toward 98.10 and then 97.90.
As long as the index holds above 98.50, a retest of 98.72 remains likely.
Discover why over 25.000 live trading accounts trust Highness, and join the community of successful traders today.
KU 