Technical Analysis of the US Dollar Index

The US Dollar Index is moving in a sideways range on the daily timeframe and the four-hour timeframe. Prices rebounded upward from the 97.30 level, which represents an IFVG zone on the daily timeframe. During the day, prices are expected to rise.

Key Economic News:
There are no major economic news releases today; therefore, price action is expected to remain relatively calm.

Liquidity Levels:
Prices are expected to rise and target the 98.00 level, then 98.40, and then 99.21.

The bullish scenario will be invalidated if prices visit the 96.66 level.