USDX still comatose around the 89.50 area as the price action isn't clear about which direction could be taken for the coming days. The 200 SMA is helping to cap further gains, but if that indicator gives up, then a possible rally could take place towards the resistance level of 90.63. To the downside, the support level of 89.36 is still a critical one.
H1 chart's resistance levels: 90.63 / 91.75
H1 chart's support levels: 89.36 / 87.88
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 89.36, take profit is at 87.88 and stop loss is at 90.81.
