The US Dollar Index continues to trade with a bullish intraday bias, supported by firm stability above the key pivot level at 98.00, indicating sustained buying momentum. As long as the index holds above this level, the bullish scenario remains in control, with potential upside targets at 98.500 followed by 99.00 if the upward move continues.
However, if the index fails to maintain its position above 98.00 and begins to decline, a corrective move may push it toward 97.500 and then 97.00, which represent key support levels. Overall, holding above 98.00 strengthens the chances of retesting the 98.500 level in the near term.
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