US Dollar Technical Analysis 04.18.2013

DailyFX

US Dollar Technical Analysis Prices continue to consolidate in a choppy range below resistance at 10547, the 23.6% Fibonacci expansion. A break above that aims for the 38.2% level at 10643. Trend line support is at 10438, with a reversal beneath that eyeing the April 2 low at 10391.

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Forex_US_Dollar_Technical_Analysis_04.18.2013_body_Picture_5.png, US Dollar Technical Analysis 04.18.2013

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

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