Weekly
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-Crude has broken through trendline resistance. The market immediately pulled back after testing highs from mid-December just below 99. As long as price is above 96.24, look higher. A drop below that level opens up 95 again.
-The failed break of long term trendline supports may very well propel the market higher in the coming months.
LEVELS: 95.14 96.24 97.25 | 98.79 99.46 100.73
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.