US Dollar Classic Technical Report 07.03.2012
Prices are consolidating above support in the 10037-49 area, with resistance seen at 10079 marked by the 38.2% Fibonacci expansion. A break above this level targets the 23.6% level at 10123. Alternatively, a push below support exposes the 61.8% Fib at 10009.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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