The DXY index is expected to rise in the short term.

The DXY index is moving in a sideways movement on the hourly chart.

This follows a strong decline last week.

Currently, there is only one scenario for the index to rise in the short term:

If it breaks the specified supply zones and closes above them,

specifically, a close above the 97.100 level.

This will complete the current consolidation process, and we will see the index rise,

reaching the specified targets of 97.400 and 97.800, respectively.

The analysis will fail if the recent low is broken and a close below it,

specifically, a close below the 96.500 level.