Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-The January 2nd outside day reversal (first trading day of the year) looms large as does a weekly key reversal the week that ended January 3rd and a possible head and shoulders top.
-Price is below the line that extends off of the July and November lows but today’s action does not exactly inspire a breakdown call. 1.6440/50 is still resistance.
LEVELS: 1.6216 1.6260 1.6337 | 1.6410 1.6449 1.6516
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.