US Dollar Classic Technical Report 08.02.2012
Prices rebounded from major rising trend line support to break back above near-term resistance at 10041. Buyers now aim to challenge Andrew’s pitchfork midline resistance at 10096, with a break above that exposing 10717. The 10041 level and the trend line (now at the 10,000 figure) mark near-term support.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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