USDOLLAR Ticks from April Low
Prepared by Jamie Saettele, CMT
The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has traded below its yearlong trendline support, leaving immediate focus on the April low at 9816. 9863/90 is now resistance and the next downside level of interest isn’t until the 2/29 low at 9738.
LEVELS: 9672 9738 9816 9863 9892 9930
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
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