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USDOLLAR Doji Alert at Upward Sloping Line

DailyFX.com -

Daily

USDOLLAR Doji Alert at Upward Sloping Line
USDOLLAR Doji Alert at Upward Sloping Line

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDOLLAR is pressing against the line that extends off of the June and October highs and overlapping highs and lows since early November indicate slowing momentum and a market vulnerable to a pullback. 11344 is possible support, followed by 11220.

-The objective has been met and exceeded. Momentum continues to slow

--Trading ideasare available to J.S. Trade Desk members.


original source

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