FX.co ★ Daily analysis of USDX for September 27, 2016

USDX had a bearish session during Monday as the US presidential debate was the main driver for the index. Still, we see some attempts to recover above the 200 SMA, as the support level of 95.01 remains untouched across the board. However, if the index manages to break it, then the decline will extend towards the 94.61 level.

H1 chart's resistance levels: 95.49 / 95.79

H1 chart's support levels: 95.01 / 94.61

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 95.49, take profit is at 95.79 and stop loss is at 95.19.