Technical Analysis of the US Dollar Index
The US Dollar Index is moving sideways on the four-hour and one-hour timeframes. Prices bounced for the second time from the 99.97 level, which represents a liquidity-grab area. Currently, prices are trading around the 99.59 level, and a decline is expected from these levels.

Key Economic News:
The US dollar is awaiting today’s Monthly Retail Sales data and the Producer Price Index. These releases will influence the dollar’s movements.

Liquidity Levels:
Prices are expected to decline and target the 99.02 level, followed by the 98.60 level.
The bearish scenario is invalidated if a one-hour candle closes above the 100.03 level