Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–EURUSD cut through 1.3745 without much of a reaction. The rally from the 2/3 low is in 2 equal waves to the point but there is no indication that the advance is complete.
-At this point, former highs from 1.3811 to 1.3831 are of interest as a turning point…along with the line that extends off of the 2008, 2011 and December highs.
LEVELS: 1.3618 1.36821.3723 | 1.3768 1.3813 1.3859
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.