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USDOLLAR Long Term Trend is Put to Test

Jamie Saettele, CMT


eliottWaves_us_dollar_index_body_Picture_1.png, USDOLLAR Long Term Trend is Put to Test

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“Technically, the index needs to regain 10619 in order to suggest that the path is higher but Wednesday is obviously a great start.”

-Last Wednesday’s advance is just about completely retraced. Failure to hold 10495 could see another flush lower. Watch 10437/55.

LEVELS: 10395 10455 10495 | 10550 10600 10649

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

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