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USDOLLAR Back Above Major Trendline

USDOLLAR Back Above Major Trendline

2014-07-03 18:01:00
Jamie Saettele, CMT, Sr. Technical Strategist
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USDOLLAR Back Above Major Trendline

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-The USDOLLAR has broken…and reclaimed...long term trendline support. The advance through 10420 is a great start to suggesting that the trendline was break was of the false variety. A weekly key reversal is in the works too (need to close above 10409).

LEVELS: 102501032310354 | 103951042010452

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

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