Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–USDOLLAR traded to a 2 month high today (highest since 9/16) but failed to close at a new high (key reversal).
-A higher low is in place at 10535. Look higher towards 10708 and 10757 as long as price is above 10535.
Trading Strategy: Long against 10535. Ideally, we can move the stop to 10609 early next week.
LEVELS: 10544 10577 10620 | 10661 10708 10757
— 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