US Dollar Technical Analysis 03.22.2013

DailyFX

US Dollar Technical Analysis Prices are testing below support at 10454, the 14.6% Fibonacci retracement. A break lower exposes the 23.6% level at 10379, a barrier reinforced by a rising trend line set from mid-December. Near-term resistance is at 10514, with a reversal above that aiming for 10576.

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Forex_US_Dollar_Technical_Analysis_03.22.2013_body_Picture_5.png, US Dollar Technical Analysis 03.22.2013

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

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