Chart Prepared by Jamie Saettele, CMT using
FOREXAnalysis: The USDOLLAR is again testing channel support as well as last week’s low. As is the case with the EURUSD, GBPUSD, USDCHF, and USDJPY…USD weakness is mature and at a level where a rally attempt would ‘make sense’. For the USDOLLAR, that level is the March/April range.
FOREX Trading Strategy: Flat
LEVELS: 10443 10479 10517 10629 10671 10700
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
To contact Jamie e-mail email@example.com. Follow me on Twitter for real time updates @JamieSaettele