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USDOLLAR Uptrend Resistance Near 12280

USDOLLAR Uptrend Resistance Near 12280

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT

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

-The last update remarked that “12013 is key to the breakout interpretation for traders. As long as price is above there, the near term picture is constructive.” The USDOLLAR index is at fresh trend highs and its best level since April 2003. Uptrend resistance could influence near 12300 but range expansion targets are 12490 and 12690.

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