Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a bearish trend on the four-hour timeframe. Prices declined after reversing downward from an FVG zone around the 97.25 level, and they are currently trading around 96.80. The US dollar is expected to continue declining خلال today.
Key Economic News:
The US dollar is awaiting US unemployment claims data today, which is expected to impact the movement of the US dollar.
Liquidity Levels:
Prices are expected to decline and target 96.25, then 95.55, then 94.95.
The bearish scenario will be invalidated if prices visit the 97.50 level.
