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USDOLLAR Probing 200 Day Average before NFP Release

USDOLLAR Probing 200 Day Average before NFP Release

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Probing 200 Day Average before NFP Release

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Despite the surge post Brexit, price action since March 2015 may compose a major top. Resistance extends up to the year open at 12131 and April 2015 high at 12162 although the rally could derail before then given the presence of the 200 day average, which is being tested now.

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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