Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-The rally in Crude from the Nov low is corrective (3 waves), further bolstering the longer term bearish argument.
-Price rebounded from the June 2013 low 2 weeks ago. “Shorts at bad prices following the false break of the trendline off of the 2012 and 2 lows could result in a run at 96.19.”
LEVELS: 92.29 93.64 94.36 | 96.19 97.00 98.14
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.