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USDOLLAR Uptrend Resistance Near 12280

USDOLLAR Uptrend Resistance Near 12280

Jamie Saettele, CMT, Sr. Technical Strategist

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Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The last update remarked that โ€œ12013 is key to the breakout interpretation for traders. As long as price is above there, the near term picture is constructive.โ€ The USDOLLAR index is at fresh trend highs and its best level since April 2003. Uptrend resistance could influence near 12300 but range expansion targets are 12490 and 12690.

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