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US Dollar Technical Analysis 03.28.2013

US Dollar Technical Analysis 03.28.2013

2013-03-28 10:16:00
Ilya Spivak, Head Strategist, APAC
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US Dollar Technical Analysis Prices are testing falling trend line resistance at 10474, with a break higher exposing the 23.6% Fibonacci expansion at 10518. Near-term support is at 10420, the 23.6% retracement level. A drop beneath that aims for the 38.2% mark at 10324.

Forex_US_Dollar_Technical_Analysis_03.28.2013_body_Picture_5.png, US Dollar Technical Analysis 03.28.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

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