US Dollar Technical Analysis 04.08.2013
US Dollar Technical Analysis– Prices are testing above resistance at 10487, the 14.6% Fibonacci expansion, with a confirmed breach upward on a daily closing basis exposing the 23.6% level at 10547. Falling channel resistance-turned-support is at 10451, with a move beneath that eyeing the 23.6% Fib retracement at 10420.
Daily Chart - Created Using FXCM Marketscope 2.0
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