US Dollar Classic Technical Report 08.20.2012
Prices are testing resistance at 10073, the confluence of a falling trend line set from the July 12 high and the midline of a falling channel carved out over the past three months. A break higher exposes the 10139-69 area. Support is at 10041, with a break below targeting long-term rising trend line support at 10010.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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