Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a downward trend on the daily and 4-hour timeframes. Prices managed to reach the 95.90 level and bounced upwards. Prices then rose in a corrective upward move on the 1-hour and 4-hour timeframes, forming an FVG zone on the 1-hour chart. This area represents a strong buying opportunity. Currently, prices are trading around the 97.15 level, and further upside is expected today.

Key Economic News
There are no major economic events today; therefore, the market is expected to remain relatively calm.

Liquidity Levels
Prices are expected to continue rising and target the 97.27 level. Once this level is broken, the next targets will be 97.54 and 97.58.

Scenario Invalidation
The bullish outlook will be invalidated if prices revisit the 96.64 level.