Tanalys

USDOLLAR Pulls Back after Trading Through Range Highs

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-USDOLLAR made a key reversal at the line that extends off of the 2012 and October 2013 lows on 2/17. Price needs to exceed 10619 (preferably on a daily closing basis) in order to suggest that the market has turned the corner.

-The market did find support near 10554 on Tuesday. The push above 10603 is constructive.

LEVELS: 10525 10556 10577 | 10619 10649 10675

–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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