Technical Analysis of the US Dollar Index

The US Dollar Index is moving in an upward trend on the daily and four-hour time frames. Prices rebounded upward from the 98.41 level, which represents a weekly FVG zone. Currently, prices are trading around 99.23, and the bullish momentum is expected to continue throughout the day.

Key Economic News

There are no major economic news releases today, so price action is expected to remain stable and consistent.

Liquidity Levels

We expect prices to rise and target the 99.51 level, followed by the next liquidity levels at 100.30 and then 100.63.

The bullish scenario will be invalidated if prices revisit the 98.40 level.