USDX is still holding its structure above the 200 SMA on H1 chart and it looks like we can expect a breakout above 101.43 in coming hours. If bulls return to the market, a rally to test the 102.39 is likely to happen, while a pullback should deliver another leg lower to reach the support zone of 100.44, which is also below the 200-hour moving average.
H1 chart's resistance levels: 101.43 / 102.38
H1 chart's support levels: 100.44 / 99.84
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 100.44, take profit is at 99.84 and stop loss is at 101.06.
