Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
-Price traded to a new low for the month on Wednesday (by 1 pip) before making a key reversal.
-A flat correction may be complete from .8212 (10/30 low at midnight (NY)).
Trading Strategy: Order to short at .8285, stop .8315, target .8120. If stopped out, then will be looking to identify a top between .8380 and .8450
LEVELS: .8162 .8191 .8225 | .8285 .8330 .8356
- Utility Industry