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USDOLLAR Perspective on this Week’s Rally

USDOLLAR Perspective on this Week’s Rally

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly

USDOLLAR Perspective on this Week’s Rally

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“A head and shoulders top completed in the USDOLLAR index earlier in March on the break below 12000. Follow through after FOMC has been retraced but technically, this may be nothing more than a re-test of the breakdown level. The next support is probably 11730s (February, April, and June lows).” I expanded on thoughts in today’s video.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

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