USDOLLAR Teeters above June Low
Prepared by Jamie Saettele, CMT
“The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is bullish against 10025 and aggressively bullish against 10121.” 10121 was taken out of course which negates the aggressively bullish 3rd wave count. Still, a bullish resolution outcome to recent activity is possible with price above 10025. A drop below 10025 would shift focus to 10005, 9975 and trendline support.
LEVELS: 10005 10025 10048 10087 10121 10151
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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