USDOLLAR 10435 and 10406 are Still of Interest as Support

By DailyFx | Updated July 30, 2014 AAA

DailyFX.com -

Daily

USDOLLAR 10435 and 10406 are Still of Interest as Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“Thursday’s reversal, from below the 200 DMA mind you, shifts immediate focus lower (a new high still faces trendline resistance and the 200 DMA). The cleanest levels of possible support are 10435 (former low and 61.8% retracement) and 10406.

LEVELS: 104061043510459 | 104821049610524

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

Related Forex Analysis
  1. Forex News

    ECB gets serious about QE – TDS

  2. Forex News

    1.5600 levels back in focus for GBP – OCBC

  3. Forex News

    EUR/USD Risks Fresh Monthly Lows on Dismal Euro-Zone CPI

  4. Forex News

    Asia Recap: The Greenback big winner across the board

  5. Forex News

    USD/JPY to continue to maintain above 118 levels – OCBC

Trading Center