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USDOLLAR 10500 is Trend Defining Level

USDOLLAR 10500 is Trend Defining Level

2014-04-22 19:45:00
Jamie Saettele, CMT, Sr. Technical Strategist
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Daily

USDOLLAR 10500 is Trend Defining Level

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-Bottom line, respect downside potential as long as price is below 10500. 10393 is possible support for a low IF a new low is registered. Above 10500 (daily close) would suggest that a tradable low is in place.

LEVELS: 10355 10393 10420 | 10460 10495 10518

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

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