Forex: US Dollar Technical Analysis – Five-Week High Tagged
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- A break above resistance at 10529 (38.2% Fib ret.) exposes 10583 (50% Fib)
- Back below 10529 eyes falling trend line resistance-turned-support at 10489
- Pushing above 10583 exposes 10637 (61.8% Fib retracement)
Daily Chart - Created Using FXCM Marketscope 2.0
** The Dow Jones FXCM US Dollar Index and the Mirror Trader USD basket are not the same product.
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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