FX.co ★ Daily analysis of USDX for April 04, 2018

We're not seeing major actions in the current structure of the index, as it remains above the 200 SMA at the H1 chart and looks forward to reaching the resistance level of 90.63. Should the index break above that area in order to test the next key target at 91.75. To the downside, the support zone of 89.36 could be pierced to strengthen the bearish bias.

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.