USDOLLAR Triangle Breakdown-9579 Still Objective
300 Minute Bars
Prepared by Jamie Saettele, CMT
The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has broken down but the drop may be from a triangle and therefore terminal. Levels to watch for support are the measured triangle breakout level at 9579 and former resistance at 9536.
Trend Strength (M,W,D) – 1, 0, (1)
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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