USDOLLAR Putting Macro Channel to the Test
Chart Prepared by Jamie Saettele, CMT using
FOREXAnalysis: Using the same method that was used to determine the USDJPY objective, the USDOLLAR objective is 10781. Keep the long term channel (in blue) in mind…strength above there would suggest acceleration of the rally that began at the 2011 low. This could be EXTREMELY significant.
FOREX Trading Strategy: Flat
LEVELS: 10555 10586 10658 10691 10781 10889
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
To contact Jamie e-mail email@example.com. Follow me on Twitter for real time updates @JamieSaettele
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.