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USDOLLAR Returns to Month Open Price

USDOLLAR Returns to Month Open Price

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Returns to Month Open Price

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDOLLAR has dropped into (and held) 10385. This was estimated support from October 2013 although a more important zone is defined by the June 2012 high and October 2013 low at 10323/55. The top of the zone is also home to the line that extends off of the 2011 and 2012 lows and downward sloping channel support.

-Exceeding 10495 would suggest that an important low is in place.

LEVELS: 103131037010408 | 104451049510518

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

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