Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–EURUSD failed to hold the confluence defined by the short term channel / long term trendline and former highs at 1.3810/30. The implication is that the breakout has failed.
-1.3810/30, which was once resistance turned support, is resistance again! 1.3738 is a reaction area but strong support probably rests near 1.3650.
LEVELS: 1.3682 1.37071.3739 | 1.3827 1.3868 1.3893
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.