Gold

Commodity

XAUUSD

Delayed 01:14:36 17/06/2024 pm IST			5-day change	1st Jan Change
2,316 ^USD	-0.55%		+0.76%	+12.28%

15/06	UK's Sound Energy PLC sells Moroccan gas assets to Managem	RE
14/06	Materials Decline as Dollar Gains, Weak Data Continue - Materials Roundup	DJ

USDOLLAR Trendline Response a Good Start for Bulls

January 31, 2014 at 03:50 am IST

MarketScreener.com By

Daily

eliottWaves_us_dollar_index_body_Picture_1.png, USDOLLAR Trendline Response a Good Start for Bulls

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDOLLAR action since 11/19 is sloppy but higher highs and lows are in place.

-A larger bullish bias was put to test in recent days as price tested trendline support. Today’s rally is a good sign although 10619 remains the key trend defining level.

LEVELS: 10596 10631 10666 | 10722 10756 10813

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

original source

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