USDOLLAR 10406 in Focus as Support with Trendline
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“Thursday’s reversal, from below the 200 DMA mind you, shifts immediate focus lower (a new high still faces trendline resistance and the 200 DMA). The cleanest levels for support are 10435 (former low and 61.8% retracement) and 10406.”
-USDOLLAR continue to trade around 10435. Early July and 10406 would be the ideal time and price for a reversal.
LEVELS: 103231037010406 | 104511049610524
--Trading specifics (setups with entries, stops, targets) are available to J.S. Trade Desk members.
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