Weekly
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
–The USDOLLAR traded to 10584. The April high at 10586 served as support along with the line that extends off of the April and June lows.
-Failure to hold the current level opens up the 200 day average (currently at 10512).
-Exceeding Friday’s high (10700) would suggest that a low is in place.
Trading Strategy: Flat
LEVELS: 10469 10512 10586 | 10696 10754 10791
— 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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