The US Dollar Index is currently moving in a sideways intraday range around the key pivot level at 98.20, reflecting market indecision with a slight bullish bias. The next directional move depends on whether the index holds above or falls below this level.
If upward momentum continues, the index may advance toward 98.60 followed by 99.00. However, if selling pressure increases and the index drops below 98.20, a corrective move could follow toward 98.00 and then 97.70. Overall, stability above 98.20 supports a potential retest of 99.00 in the near term.
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