Technical Analysis for the U.S. Dollar Index (DXY)
The U.S. Dollar Index (DXY) has risen as mentioned in the previous report and is currently trading around 99.02, after strongly breaking above the 98.37 level. Prices have formed an FVG area on the 4-hour timeframe near 98.86, from which they have bounced upward. The overall outlook for today suggests a continuation of the bullish move. It’s worth noting that prices are still moving in an uptrend on both the 4-hour and 1-hour timeframes.

Key Economic News
The U.S. dollar is awaiting today’s Inflation Expectations and Consumer Sentiment data from the University of Michigan. These reports are expected to have an impact on the dollar’s movements.

Liquidity Levels
Prices are expected to rise and target the 99.20 level, followed by 99.80.
The bullish scenario will be invalidated if prices revisit the 98.48 level.