Here are the key forecasts for the U.S Dollar Index ahead of Powell’s remarks today

Technical Analysis for the U.S. Dollar Index
The U.S. Dollar Index is moving in an upward trend on the 4-hour chart, with prices rebounding again from the DFVG zone today. Currently, prices are trading around 98.61. The outlook remains positive for the U.S. dollar, and further upside movement is expected during the day.
Buying momentum continues to dominate price action, with stability above nearby support levels, which supports the bullish outlook. If the first resistance is broken, we may see an acceleration toward the next targets.

Key Economic News:
The U.S. dollar awaits today’s interest rate data and Jerome Powell’s press conference, both expected to have a strong impact on the dollar’s movement.

Liquidity Levels:
A rise is expected toward 98.78 and then 99.20.

Invalidation Scenario:
The bullish scenario is invalidated if a 4-hour candle closes below 98.15.