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Euro Forecast: EUR/USD Bounces But Further Losses Lie Ahead
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XAU/USD Forecast: Gold Prices Rebound as COVID-19 Fears Take Hold
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Crude Oil Sinks as US Dollar Soars Ahead of OPEC+. Will Supply Tap Out For WTI?
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Crude Oil Heats Up Ahead of OPEC+ And Post FOMC Minutes. Will WTI Break Higher?
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USDOLLAR Not Out of the Woods Yet

USDOLLAR Not Out of the Woods Yet

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Not Out of the Woods Yet

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...broken…and reclaimed long term trendline support. A push above 10442 would be a great start in suggesting that the trendline was break was of the false variety. A weekly key reversal did unfold 2 weeks ago.

LEVELS: 103541038210406 | 104421045910487

--Trading ideasare available to J.S. Trade Desk members.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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