USDX had no major action during Friday's session, as it remains consolidated below the 200 SMA. The 90.00 mark seems to be a strong support which could help to give a boost to the index in the short-term. If it manages to rebound at the current stage, then it can go higher towards the 91.75 level. MACD indicator is turning overbought, which could signal further declines in the short-term.
H1 chart's resistance levels: 91.75 / 92.57
H1 chart's support levels: 90.59 / 89.36
Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 90.59, take profit is at 89.36 and stop loss is at 91.81.
