USDX is hovering around the support zone of 89.36 at which the bulls could gather momentum in order to push higher towards the resistance zone of 90.63. If a breakout happens over there, the greenback could gain ground to test the resistance level of 91.75, while a pullback should take it to test the 87.88 level.
H1 chart’s resistance levels: 90.63 / 91.75
H1 chart’s support levels: 89.36 / 87.88
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 89.36, take profit is at 87.88 and stop loss is at 90.81.