Technical Analysis of the U.S. Dollar Index
The U.S. Dollar Index is moving in an upward trend on both the daily and weekly timeframes. Prices rebounded higher from the 99.02 level, which represents an important buying zone on the hourly timeframe. Currently, prices have started to rise, and further upside movement is expected during today’s session.

Key Economic News
The U.S. dollar is awaiting the Consumer Confidence Index data later today, which is expected to impact the movement of the U.S. dollar.

Liquidity Levels
We expect prices to continue rising and target the 99.16 level, followed by the next liquidity level at 99.40.

The bullish scenario will be invalidated if prices revisit the 98.90 level.