Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a bearish trend on the four-hour timeframe. Price formed an FVG zone on the four-hour chart around the 98.15 level and rejected from it to the downside. The index is currently trading around 97.98, and further downside is expected during today’s session.

Major Economic News:
There are no major economic news releases for the US dollar today; therefore, price action is expected to remain relatively calm.

Liquidity Levels:
Prices are expected to decline, targeting 97.67, followed by 97.35.
The bearish scenario will be invalidated if a four-hour candle closes above 98.25.