Dollar USD Old Resistance Line Provides Support

Dollar USD Old Resistance Line Provides Support

24 July 2015, 02:22
Nurochman
[Deleted]
0
140

Daily

 Chart Prepared by Jamie Saettele, CMT

Mechanize exchanges with Mirror Trader and see thoughts on other USD crosses 

- "The last a few July's have been critical for USDOLLAR. An essential top enlisted in July 2013. In 2014 (low was June 30th and rally started on 7/2), a critical low framed. The list is not at a pattern amazing but rather it is at a critical specialized level; the 61.8% retracement of the June decay and incline resistance." The push over the line that stretches out off of the April-June high invalidates anything bearish. Look for backing at 11970. A drop underneath 11918 (regarded as the breakout day low) would demonstrate that this breakout was 'false'. 

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Recomonded Signal:

https://www.mql5.com/en/signals/112290
https://www.mql5.com/en/signals/111926
https://www.mql5.com/en/signals/111928
https://www.mql5.com/en/signals/111987
https://www.mql5.com/en/signals/111863

https://www.mql5.com/en/signals/111924