Prices are pulling back from resistance in the 10145-74 region marked by the 23.6% Fibonacci expansion and a horizontal pivot level. Near-term support lines up in the familiar 10032-67 region, with a break below that exposing a rising trend line now at 9969. Alternatively, a reversal higher through resistance aims to challenge the 38.2% Fib at 10219.

Dow Jones FXCM US Dollar Index - Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com