The US Dollar Index continues to show positive momentum during today’s trading session, moving in an upward trend supported by stability above the key pivot level at 97.50.

This level is considered a major technical point that defines the short-term price direction. Holding above it strengthens the chances of further gains in the current sessions. If the bullish momentum continues, the index is expected to move toward 98.00 as a first target, followed by 98.50 as the next resistance level.

In the alternative scenario, if the price fails to remain above 97.50 and reverses direction, a decline toward 97.00 may occur, followed by 96.50, indicating a temporary corrective move.

Overall, the bullish outlook remains favored as long as the index stays above the 97.50 pivot level, with expectations of a retest of 98.00 during the day.