USDOLLAR Reaches 50% Retracement of Rally from June

| 24 juli, 2013 | 0 kommentarer


eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR Reaches 50% Retracement of Rally from June

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader

FOREXAnalysis: The USDOLLAR has traded to the lowest level since 6/26. Like a lot of other USD crosses, nearby levels may provide reactions. The 50% of the advance from June comes in at 10739. The strongest support however may be the confluence a 10675 (61.8% and where the decline from the top would consist of 2 equal legs).

FOREX Trading Strategy: Flat

LEVELS: 10585 10675 10739 10810 10867 10926

— Written by Jamie Saettele, CMT, Senior Technical Strategist for

To contact Jamie e-mail [email protected]  Follow me on Twitter for real time updates @JamieSaettele

Subscribe to Jamie Saettele’sdistribution list in order to receive actionable FX trading strategy delivered to your inbox. Jamie is the author of Sentiment in the Forex Market.

Taggar: ,

Kategori: Analys från DailyFX

Om skribenten ()

DailyFX från FXCM ger dig dagligen färska tekniska analyser på valuta och råvaror. FXCM är en ledande handelsplattform för trading av finansiella tillgångar med kraftfulla verktyg för alla sorters handel.

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *