USDOLLAR Support Near 10150
Prepared by Jamie Saettele, CMT
The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) reversed Friday (key reversal) in what probably marks the beginning of a move back towards 10130/47. These levels are former pivots and the 20 day average will cross these levels towards the end of the week. The tentative plan is to buy weakness into the mentioned support with a stop below 10076.
LEVELS: 10129 10147 10200 10241 10272 10313
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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