USDX extended the decline during Monday's session on Healthcare headlines that two Republicans rejected to vote for it. Currently, the index could be targeting the support zone of 94.16, where a break below that level should help to accelerate the downside towards 93.29. MACD indicator is turning neutral and we can expect some consolidation moves to happen.
H1 chart's resistance levels: 94.85 / 95.57
H1 chart's support levels: 94.16 / 93.29
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 94.16, take profit is at 93.29 and stop loss is at 95.02.
