US Dollar Classic Technical Report 09.19.2012

DailyFX

Prices are re-testing support-turned-resistance at 9823, the April 27 closing low, with a break higher exposing 9893. Near-term support lines up at 9755, marked by the bottom of a falling channel set from the early-June swing high.

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US_Dollar_Classic_Technical_Report_09.19.2012_body_Picture_5.png, US Dollar Classic Technical Report 09.19.2012

Dow Jones FXCM US Dollar Index - Daily Chart - Created Using FXCM Marketscope 2.0

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

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