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USDOLLAR in No Man’s Land; Break Targets 10830 or 10708

USDOLLAR in No Man’s Land; Break Targets 10830 or 10708

2013-09-05 23:30:00
Jamie Saettele, CMT, Sr. Technical Strategist
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eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR in No Man’s Land; Break Targets 10830 or 10708

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-The USDOLLAR decline from the July high in 3 waves (corrective).

-Estimated support is 10708 and 10672

Trading Strategy: Look for a low near 10708 or even 10672 to get long against 10646.

LEVELS: 10646 10672 10708 | 10797 10813 10830

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail jsaettele@dailyfx.com.  Follow me on Twitter for real time updates @JamieSaettele

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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