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USDOLLAR Break of 10520 or 10620 Will Determine Next Move

USDOLLAR Break of 10520 or 10620 Will Determine Next Move

2014-03-05 22:18:00
Jamie Saettele, CMT, Sr. Technical Strategist
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eliottWaves_us_dollar_index_body_Picture_1.png, USDOLLAR Break of 10520 or 10620 Will Determine Next Move

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-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.

LEVELS: 10496 10522 10556 | 10590 10619 10649

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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