The US Dollar Index is trading with a bearish bias during today’s session, remaining below the key pivot level at 96.800. The inability to sustain movement above this level reflects continued selling pressure and signals weakness in short term momentum. As long as the index trades under 96.800, the downside scenario remains favored, with the first target at 96.500 followed by 96.400. A break below these levels could further reinforce the negative outlook and attract additional selling interest.

From a technical perspective, trading below the pivot level suggests that sellers maintain control of the market in the near term. Momentum indicators may continue to support the downward structure unless a clear reversal signal appears. However, if the index manages to regain strength and stabilizes above 96.800, a corrective rebound may take place, leading to a retest of 97.000 and potentially extending toward 97.200. Overall, remaining below 96.800 keeps the bearish momentum intact and supports further downside movement.