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USDOLLAR Former Resistance Turned Support at 11580

USDOLLAR Former Resistance Turned Support at 11580

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Former Resistance Turned Support at 11580

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 reached a major target defined by equality between legs from the 2014 low. That level is 11698 so be aware of a possible change in behavior. 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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