Monday, June 2, 2014

USDOLLAR Next Resistance is 10560/70




Daily


USDOLLAR Next Resistance is 10560/70


Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0



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-The push above trendline resistance is a positive development that sets the path higher against 10435. 10560/70 is probably an area of contention. This zone is defined by the 50% retracement of the 2014 range and 200 DMA.



-10445/55 is seen as support if 10495 fails to hold (but look higher above 10495).



LEVELS: 104451048310496 | 105321056410573



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





USDOLLAR Next Resistance is 10560/70

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