Technical Analysis of the US Dollar Index

The US Dollar Index is moving in a bullish trend on the four-hour timeframe. As discussed in the weekly report, prices have continued to rise and are currently trading within a Fair Value Gap around the 97.90 level. Price is currently moving inside the FVG, and further upside continuation is expected if a four-hour candle closes above the 98.25 level.

Major Economic News:
There are no significant economic news releases for the US dollar today.

Liquidity Levels:
Prices are expected to rise if the conditions mentioned in the report are met, targeting the 99.48 level.
The bullish scenario will be invalidated if prices close below the 97.35 level on an hourly candle.