US Dollar Technical Analysis 02.06.2013

DailyFX

US Dollar Technical Analysis Prices are testing resistance at 10273, the 100% Fibonacci expansion. A break above that exposes the 123.6% level at 10330. Near-term support is in the 10207-16 area, marked by the 76.4% Fib and rising channel resistance-turned-support. A drop back below that eyes the 61.8% expansion at 10181.

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Forex_US_Dollar_Technical_Analysis_02.06.2013_body_Picture_1.png, US Dollar Technical Analysis 02.06.2013

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

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