Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a bearish trend on the one-hour and four-hour timeframes. Price has formed a DFVG zone around the 97.76 level, and it is currently trading within this area. A downside reaction is expected from this zone in case of bearish price action confirmation. During today’s session, further downside movement is expected.

Key Economic News:
The US dollar is awaiting the release of the Federal Reserve meeting minutes today, which are expected to have a significant impact on the dollar’s movements.

Liquidity Levels:
A decline in price is expected, targeting the 97.04 level, followed by 96.74.
The bearish scenario will be invalidated if a four-hour candle closes above the 98.06 level.