The US dollar index is still hovering around the 200 SMA zone at H1 chart and it's trying to consolidate higher, in order to reach the resistance level of 95.79. If USDX manages to break it, then it can cling towards the highs from September 21st session. On another hand, if we see a breakout below the 95.01 level, then we can expect testing of the 94.61 level.
H1 chart's resistance levels: 95.49 / 95.79
H1 chart's support levels: 95.01 / 94.61
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 95.49, take profit is at 95.79 and stop loss is at 95.19.
