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USDOLLAR 10518 is Possible Support

USDOLLAR 10518 is Possible Support

2014-04-07 21:10:00
Jamie Saettele, CMT, Sr. Technical Strategist
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Daily

eliottWaves_us_dollar_index_body_Picture_1.png, USDOLLAR 10518 is Possible Support

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 FOMC day is obviously a great start.”

-The market needs to exceed 10600 in order to feel good about higher levels. Focus would then shift to 10668.

LEVELS: 10455 10495 10518 | 10585 10619 10649

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

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