FX.co ★ Daily analysis of USDX for September 21, 2016

USDX managed to recover most of the losses posted during Monday's session and currently it's poised to reach the resistance zone of 96.14. If the index attempts a breakout over there, then the next upside target will be found at 96.51, while a pullback should drive it to test the 200 SMA on the H1 chart. MACD indicator is reaching overbought conditions.

H1 chart's resistance levels: 96.14 / 96.51

H1 chart's support levels: 95.79 / 95.49

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 96.14, take profit is at 96.51 and stop loss is at 95.76.