US Dollar Technical Analysis– Prices are testing above resistance in the 10323-26 area, marked by the 123.6% Fibonacci expansion and the 2012 yearly high. A break higher exposes the 138.2% level at 10375. Near-term rising trend line support is at 10289, with a break below that targeting the 100% Fib 10248.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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