Today we are waiting for important data from the US economy at exactly 3:30 pm Egypt time, represented by the NFP non-agricultural employment report and expectations of adding 238 thousand jobs less than the previous month at 303 thousand, and we are also waiting at the same time monthly unemployment rates and expectations of stability at 3.8%, then average hourly wages and expectations of stability also by 0.3%, and at Five O'clock in the evening we will have the ISM service Purchasing Managers Index and positive expectations of an increase in the index from 51.4 to 52.0.

Technically: - the dollar index is currently trading above the support levels and the uptrend on the four-hour frame, and we expect that if the data is positive today for the US dollar as we expect, it is possible that the dollar index will bounce from the current levels upwards again to target the main peak levels at 106.40 and then followed by the levels of 107.00.

This scenario fails if the data comes below expectations and at that time we may see a break of the uptrend and support cluster levels, and if the lows of 104.95 close, we may target the levels of 104.10 at the very least.