Technical Analysis of the US Dollar Index

The US Dollar Index is moving in an upward trend on the daily timeframe and the four-hour timeframe. Prices have successfully reached the weekly report target at 99.30. Prices have also formed an FVG zone on the four-hour timeframe around the 98.85 level. On the hourly timeframe, further upside continuation will be confirmed if positive price action appears from these levels.

Key Economic News:
There are no important economic news releases today, so price action is expected to be relatively calm.

Liquidity Levels
Prices are expected to rise and target the 99.50 level.

The bullish scenario will be invalidated if prices visit the 98.45 level.