Technical Analysis of the US Dollar Index

The US Dollar Index is moving in an upward trend on both the daily and the four-hour time frames. Price has formed a DFVG zone around the 98.80 level, which represents an important buying area for the US Dollar Index. Positive price action is expected around this zone, supporting further upside movement during the current week.

Key Economic News
There are no major economic news releases today, so market movement is expected to remain relatively calm.

Liquidity Levels
We expect prices to rise after the mentioned conditions are met, targeting the 100.32 level, followed by the next liquidity level at 100.66.

The bullish scenario will be invalidated if price visits the 98.47 level.