U.S. Dollar Index Technical Analysis
The U.S. Dollar Index is moving within an upward trend on the 4-hour timeframe, and prices rebounded upward from the DFVG zone yesterday Wednesday during Jerome Powell’s press conference. Currently, prices are trading around the 98.78 levels which we previously targeted. The outlook remains positive for the U.S. dollar, and today we expect continued price rises, especially after the rebound from the FVG around the 98.60 levels.

Key Economic News:
There are no major U.S. dollar-specific releases today, but the eurozone awaits an interest-rate decision and a press conference by Christine Lagarde which is expected to impact both the euro and the U.S. dollar.

Liquidity Levels:
A price increase is expected targeting 99.00 and then 99.20. The bullish scenario is invalidated if a 4-hour candle closes below the 98.15 level.