The US Dollar Index is trading in a bullish trend during today’s session, supported by price stability above the pivot level of 101.30, reflecting sustained buying momentum and continued strength of the US dollar against major currencies.
If the upward movement continues, the index is expected to target 101.60 followed by 102.00.
Alternatively, in case of selling pressure, the index may decline toward 100.20 and then 99.80.
The bullish outlook remains valid as long as trading stays above 101.30, supporting a potential move toward 102.00.
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