USDOLLAR Vulnerable After Trendline Break
Prepared by Jamie Saettele, CMT
The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) drop below the trendline that extends off of the October and February lows shifts focus to the trendline that extends off of the August and October lows. That line is at about 9720 this week. 9850 is short term resistance.
Bottom Line (next 5 days) – ?
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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