The US Dollar Index is trading within a sideways range with a bearish bias during today’s session, remaining below the pivot level of 99.80, reflecting weaker bullish momentum and cautious market sentiment.
If the decline continues, the index is expected to target 99.40 followed by 99.20.
Alternatively, in case of a bullish rebound, the index may rise toward 99.90 and then 100.30.
The bearish bias remains valid as long as trading stays below 99.80, supporting a potential move toward 99.20.
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