FX.co ★ Daily analysis of USDX for October 06, 2017

USDX is waiting for the US NFP's outcome today and the greenback is in a bullish tone, giving a signal that the report could be positive for the bulls in the USD. If the index does a breakout above 94.09, further gains are expected to take place towards 94.58. MACD indicator is still in the positive territory, favoring to such scenario.

H1 chart's resistance levels: 94.04 / 94.58

H1 chart's support levels: 93.00 / 91.67

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 94.04, take profit is at 94.58 and stop loss is at 93.50.