Technical Analysis of the US Dollar Index

The US Dollar Index is moving in a bearish trend on the daily and four-hour timeframes. Currently, prices have reached key liquidity levels and have started to rebound upward, forming an IFVG zone on the one-hour timeframe around the 96.00 level. A one-hour candle close above 96.24 would support a corrective bullish move.

Key Economic News:
Today, the US dollar is awaiting the US interest rate decision and a speech by Jerome Powell, which is expected to have a direct impact on the markets.

Liquidity Levels:
Prices are expected to rise, targeting the 96.87 level followed by 97.33.
The corrective bullish scenario will be invalidated if prices reach the 95.52 level.