Technical Analysis of the US Dollar Index The US Dollar Index is trading sideways on the four-hour chart. Prices managed to draw liquidity above the 99.53 level and then retreated from the 99.32 level, the area identified in the previous report. Currently, prices are trading around the 99.23 level. Prices are expected to decline during the day. Key Economic News The US Dollar is awaiting employment data, Personal Consumption Expenditures (PCE) data, and unemployment rate data today. These events will influence the US Dollar’s movements throughout the day. Liquidity Levels We expect prices to decline, targeting the 99.05 level, followed by the next liquidity level at 98.92. The bearish scenario will be invalidated if prices reach the 99.53 level.