US Dollar Classic Technical Report 09.20.2012
Prices turned lower from support-turned-resistance at 9823, the April 27 closing low, with sellers now aiming to challenge the bottom of a falling channel set from the early-June swing high (9752). A break below that targets the February 7 close at 9681. Alternatively, a break above resistance exposes 9893.
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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