Technical Analysis of the U.S. Dollar Index

The U.S. Dollar Index is still moving in an upward trend on the four-hour timeframe. Price has formed an Order Block (OB) around the 99.13 level, and prices are expected to rebound to the upside from these levels. The bullish bias for the U.S. dollar is also expected to continue throughout the day.

Key Economic News:
The U.S. dollar is awaiting the U.S. Unemployment Claims data today, which is expected to have a moderate impact on the U.S. dollar.

Liquidity Levels
Prices are expected to rise and target the 99.26 level, followed by 99.31.
The bullish scenario will be invalidated if prices close with an hourly candle below the 99.05 level.