USDOLLAR-Breakdown Risk While Under 11828
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The drop below the support line indicates that trend has changed (to at least sideways and maybe down).”
-“A double top target remains at 10623 and today’s reversal at the breakdown level from that pattern is viewed in a bearish light.”
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.