US Dollar Classic Technical Report 07.10.2012
Prices pulled back to retest broken falling trend line resistance set from late May having found an interim top at 10174, the 50% Fibonacci retracement. Support is reinforced by the 38.2% level at 10139. A break below the latter boundary exposes 10067. Alternatively, a push above resistance initially targets the 61.8% Fib at 10209.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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