USDOLLAR 10554 is Possible Support
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDOLLAR made a key reversal at the line that extends off of the 2012 and October 2013 lows on 2/17. Price needs to exceed 10619 (preferably on a daily closing basis) in order to suggest that the market has turned the corner.
-10554 needs to hold in order to look higher.
LEVELS: 10492 10520 10554 | 10589 10619 10649
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.