The US dollar continues to rise amid support from inflation data and customs duties

Technical Analysis of the US Dollar Index
The US Dollar Index is still moving in a primary downtrend on the weekly timeframe and in a corrective upward movement on the 4H timeframe. Currently, prices are trading around 98.55 after reaching the targets mentioned in the previous report. Although the general trend is bearish on the weekly, the USD continues to close liquidity zones one after another due to Trump's ongoing tariff decisions and higher-than-expected CPI annual data. Prices formed a 4H FVG, which represents an internal liquidity zone where a bounce is expected.

Key Economic News
The US dollar is awaiting the release of the monthly Producer Price Index (PPI) today. This data is expected to have a significant impact on USD movements during the current week.

Liquidity Levels
Confirmation of the continuation of the bullish scenario for the USD would be a visit to the 98.70 level. In that case, we will target 99.00 and then 99.40.
The bullish scenario will be invalidated if prices reach the 97.95 level.