On the H1 chart, the USDX keeps moving above the 200 SMA after a rebound performed during Friday's session. The resistance zone of 99.25 is still a very active zone for sellers, so the index could try a breakout above that level towards 99.80. Our outlook remains bullish as long as the index holds last session's lows. The MACD indicator is entering the negative territory.
H1 chart's resistance levels: 99.25 / 99.80
H1 chart's support levels: 98.31 / 98.03
Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the US dollar index breaks with a bullish candlestick; the resistance level is seen at 99.25, take profit is at 99.80, and stop loss is at 98.71.