Technical Analysis of the US Dollar Index

The US Dollar Index is moving in an upward trend on the daily and four-hour timeframes. Prices rebounded upward from the 97.25 level, which represents an IFVG zone on the daily timeframe. Currently, prices are trading around the 98.52 level, and further upside movement is expected during the day.

Key Economic News:
Today, the US dollar is awaiting the ISM Manufacturing PMI, which is expected to have an impact on the dollar’s movements.

Liquidity Levels
Prices are expected to rise and target the 99.19 level.

The bullish scenario will be invalidated if prices visit the 97.53 level.