USDOLLAR Support Estimated at 10790-10813

| 3 juli, 2013 | 0 kommentarer

4Hour

eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR Support Estimated at 10790-10813

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader

FOREXAnalysis: Wrote yesterday that “the USDOLLAR is trading at its highest level in exactly 3 years (week that ended July 2nd, 2910). Price was in the midst of a vicious downtrend 3 years ago and the opposite is true at this point. The rally from the 6/13 low is more or less uninterrupted and momentum is waning (lower oscillator peaks at each price high since 6/20 on the intraday plot). A setback is due.” Today’s reversal may be the beginning of the setback. Initial support is 10790-10813.

FOREX Trading Strategy: Flat

LEVELS: 10752 10790 10813 10905 10989 11129

— Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail [email protected]  Follow me on Twitter for real time updates @JamieSaettele

Subscribe to Jamie Saettele’sdistribution list in order to receive actionable FX trading strategy delivered to your inbox. Jamie is the author of Sentiment in the Forex Market.

Taggar: ,

Kategori: Analys från DailyFX

Om skribenten ()

DailyFX från FXCM ger dig dagligen färska tekniska analyser på valuta och råvaror. FXCM är en ledande handelsplattform för trading av finansiella tillgångar med kraftfulla verktyg för alla sorters handel.

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *