USDOLLAR Near Term Channel Defines Direction
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-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. Wave wise, a new low could complete 5 waves down from 10600.
LEVELS: 10393 10410 10437 | 10469 10500 10519
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