Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Interested in automated trading with Mirror Trader
FOREXAnalysis: The 6/19 close (FOMC day) continues to act as support. Price is just 2 days removed from a multi-month low so it’s premature to call an important turn but price holding support is a good sign. Failure to hold here would shift focus to the March-April tops at 10586 (close to 6/6 close as well).
FOREX Trading Strategy: Flat
LEVELS: 10517 10586 10644 10705 10760 10803
— Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter for real time updates @JamieSaettele
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