Here are the most important forecasts for the US dollar index during the day

Technical Analysis of the U.S. Dollar Index
The U.S. Dollar Index is moving in an uptrend on the 4-hour timeframe. Prices have currently reached the 97.40 level, which we highlighted in the previous report. We can now observe a bullish bounce from the 4H FVG area. During the day, the uptrend is expected to continue if a 1-hour candle closes above the 97.58 level.

Key Economic News
Today, the U.S. Dollar awaits the release of quarterly GDP data and jobless claims. These figures are expected to impact the dollar and the overall market indices. We are also anticipating moderately important data from U.S. durable goods orders.

Liquidity Levels
If the condition mentioned at the beginning of this report is met, prices are expected to rise and target the 98.00 level.

Invalidation Scenario
The bullish outlook will be invalidated if a 1-hour candle closes below the 97.02 level.