Technical Analysis of the US Dollar Index:
The US Dollar Index is moving within a downtrend on the four-hour timeframe. Prices have declined since Tuesday, currently trading around the 98.760 level. The price has also formed a VIM zone around 99.20, and further downside is expected if negative price action appears from this area.
Economic News:
The US Dollar is awaiting the release of the Federal Reserve minutes today, which is expected to have a clear impact on its movements.
Liquidity Levels:
Prices are المتوقع to decline, targeting 98.48, followed by 97.79.
The bearish scenario will be invalidated if the conditions mentioned in the report are met, particularly if prices reach 99.83.
