Technical Analysis of the U.S. Dollar Index
The U.S. dollar is still moving in a downward trend on the four-hour timeframe. Prices declined after rejecting lower from the FVG area around the 97.25 level, and they are currently trading around 96.80. The dollar index is expected to continue declining خلال today.
Important Economic News:
There are no major economic news releases related to the U.S. dollar today; therefore, price movement is expected to remain consistent.
Liquidity Levels:
Prices are expected to decline and target the 96.25 level, then 95.55, followed by 94.95.
The bearish scenario will be invalidated if prices visit the 97.50 level.
