Monday, April 28, 2014

USDOLLAR Dips into 50% Retracement and Rallies




Daily


USDOLLAR Dips into 50% Retracement and Rallies


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0



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



-Bottom line, respect downside potential as long as price is below 10500. 10385/93 is possible support for a low IF a new low is registered. Above 10500 (daily close) would suggest that an important low has formed.



LEVELS: 10385 10418 10450 | 10480 10500 10519



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





USDOLLAR Dips into 50% Retracement and Rallies

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