The US Dollar Index is trading in a bearish trend during today’s session, hovering around the pivot level of 96.00.
If downward momentum continues, the index is expected to target 95.55 followed by 94.72.
Alternatively, in case of a bullish rebound, prices may rise toward 96.76 and then 97.40.
The upside scenario remains valid only if the index holds above the 96.00 level.
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