Here are the most important forecasts on the US dollar index during the day

Technical Analysis of the US Dollar Index
The US Dollar Index continues to move in a downtrend on the weekly timeframe. However, the index prices rose yesterday, Tuesday, in a corrective upward move after bouncing from the 97.65 level. Currently, prices are trading around 98.17, and an upward movement is expected during the day.

Key Economic News
There are no significant economic releases on the US dollar today, so the market is expected to remain relatively quiet.

Liquidity Levels
Prices are expected to rise, targeting the 98.40 level, followed by 98.60.

Scenario Invalidation
The corrective bullish scenario would be invalidated if prices revisit the 97.75 level.

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