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USDOLLAR 10450 Might Be in Play

USDOLLAR 10450 Might Be in Play

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_us_dollar_index_body_Picture_1.png, USDOLLAR 10450 Might Be in Play

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“Technically, the index needs to regain 10619 in order to suggest that the path is higher but Wednesday is obviously a great start.”

-Last Wednesday’s advance is just about completely retraced. Failure to hold 10495 could see another end of month flush lower. Watch 10437/55.

LEVELS: 10395 10455 10495 | 10550 10600 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.

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