Technical Analysis of the U.S. Dollar Index
The U.S. Dollar Index declined as discussed in the previous report and reached the target around 98.60. This area represents an FVG zone on the weekly timeframe. On Tuesday, prices rebounded from it upward and are currently trading around 99.17. Prices also formed an IFVG zone near 99.10, representing an important buy area that could trigger further bullish movement.
Economic News:
There are no major news events today, so market movement is expected to remain balanced.
Liquidity Levels:
Prices are expected to rise toward 99.52 and then 99.80.
The bullish scenario will be invalidated if prices revisit the 98.90 level.
