US Dollar Technical Analysis 03.06.2013
US Dollar Technical Analysis– Prices put in a bearish Evening Star candlestick pattern below resistance marked by the intersection of a rising channel top and the 76.4% Fibonacci expansion (10504). A break below channel support (now at 10426) exposes the 61.8% Fib at 10359. Alternatively, a break back above 10504 aims for the channel top at 10535.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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