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USDOLLAR Nears Measured Level of 11698

USDOLLAR Nears Measured Level of 11698

Jamie Saettele, CMT, Sr. Technical Strategist

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Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-The USDOLLAR is nearing a major target defined by equality between legs from the 2014 low. That level is 11698. That level could provide resistance for a pullback. Weakness below 11510 is needed to suggest potential for a top of some importance.

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

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