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US Dollar Forex Trading Program: 10/07/2013

US Dollar Forex Trading Program: 10/07/2013

Jamie Saettele, CMT, Sr. Technical Strategist

I remain short USDJPY for a possible washout this week into 95. 96.70 may provide support however. If it does, then estimated resistance for Monday is 97.01/14. For details on the importance of the 95 area (specifically 94.88), please read Friday's FX Technical Weekly.

Intraday trading levels of interest

GBPNZD: support @ 1.9310/50 and resistance @ 1.9480-1.9500

NZDJPY: support @ 79.90-80.05 and resistance @ 80.50/70

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