Daily chart: The USDX has made a breakout at the level of 80.11. So, the next support is at the level of 79.70. If the USDX does make a breakout at that level, it is expected to fall to the level of 79.19, which would be a strong bearish consolidation on this chart. The MACD indicator is in the negative territory.
H4 chart: The USDX again found resistance at the 80.24 level, where the 200 SMA is located. Now, the USDX is trying to make a breakout at the support level of 79.93. If successful, it is expected to fall to the level of 79.74. On the other hand, if the USDX does make a breakout at that level, it is expected to fall to the level of 79.50. The MACD indicator is in the negative territory.
H1 chart: The USDX is trying to form a higher low pattern below the 80.15 level. If the USDX does make a breakout at the support level of 79.88, it is expected to fall to the level of 79.64. On the other hand, if the USDX makes a bullish rebound at the current levels, it is expected to rise to the level of 80.15. The MACD indicator is in the negative territory.
Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish support level is at 79.88, take profit is at 79.64, and stop loss is at 80.12.
