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USDOLLAR Overcomes Impulsive Chanel Resistance

USDOLLAR Overcomes Impulsive Chanel Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Overcomes Impulsive Chanel Resistance

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. 10385/93 is possible support for a low IF a new low is registered. Above 10500 (daily close) would suggest that an important low has formed.

LEVELS: 10385 10418 10458 | 10480 10500 10519

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

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