Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a bearish direction on the one-hour and four-hour timeframes. Price has formed a DFVG zone around the 97.76 level. It is expected that prices may react to the downside from this area if bearish price action appears. During today’s session, further downside movement is expected.

Key Economic News:
There are no major economic news releases today, therefore price action is expected to be relatively calm.

Liquidity Levels:
Prices are expected to decline and target the 97.04 level, followed by the 96.74 level.
The bearish scenario will be invalidated if a four-hour candle closes above the 98.06 level.