US Dollar Classic Technical Report 07.06.2012
Prices are testing falling trend line resistance set from late May, with a break higher exposing the 38.2% Fibonacci expansion at 10219. Near-term support lines up in the 10032-67 area. A break below that exposes multi-month rising trend line support, now at 9940.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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