Technical Analysis of the US Dollar Index
The US Dollar Index is moving in a downtrend on the four-hour timeframe. Prices retreated downward from the 97.45 level, which represents an FVG area on the four-hour chart. Currently, prices are trading around 97.15, and further decline is expected during the week.

Key Economic News
There are no major economic events today. However, the US Dollar is awaiting the Federal Reserve’s interest rate decision and Jerome Powell’s press conference later this week, which will have a clear impact on the markets.

Liquidity Levels
Prices are expected to decline further, targeting the 97.08 level, then 96.85, and finally 95.92.

Invalidation of the Scenario
The bearish trend will be invalidated if a one-hour candle closes above the 98.20 level.