The US dollar declined during Thursday's session and now we're so close to the 200 SMA on H1 chart. A dynamic support can be found over that zone, but the risk to the downside could be shifted during US NFP this Friday. However, if the nonfarm payrolls give bulls advantage, then a rally towards the 96.14 level is expected.
H1 chart's resistance levels: 95.79 / 96.14
H1 chart's support levels: 95.49 / 94.95
Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 95.79, take profit is at 96.14 and stop loss is at 95.46.
