US Dollar Technical Analysis 02.12.2013
US Dollar Technical Analysis– Prices are testing resistance in the 10323-26 area, marked by the 123.6% Fibonacci expansion and the 2012 yearly high. A break above this barrier initially exposes the 138.2% level at 10374. Near-term support is at 10248, the 100% Fib.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail email@example.com. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, please CLICK HERE
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.