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USDOLLAR Overcomes Impulsive Chanel Resistance

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USDOLLAR Overcomes Impulsive Chanel Resistance
By Jamie Saettele, CMT
April 23, 2014 3:40 PM
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Done
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Daily
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Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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Automate trades with Mirror Trader and see ideas on other USD crosses
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-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 10458 | 10480 10500 10519

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

original source DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM .
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