Technical Analysis of the US Dollar Index
The US Dollar Index continues to move in an upward direction on the 4-hour timeframe. Prices are currently trading around 98.90 and have rebounded upward from the IFVG zone on the 4-hour chart. The bullish momentum for the dollar is expected to continue throughout the day. If the price breaks above 99.20, buying pressure is likely to strengthen and push prices toward 99.80. However, if the price fails to hold above 98.80, a slight correction may occur before the uptrend continues.

Key Economic News
Today, the US dollar is awaiting a speech by Federal Reserve Chair Jerome Powell, which is expected to have a noticeable impact on price movements, especially as markets watch for any hints about upcoming interest rate policy.

Liquidity Levels
Prices are expected to rise and target the 99.20 level, then 99.80. The bullish scenario will be invalidated if the price drops to 97.75.