US Dollar Technical Analysis– Prices are edging higher after putting in a bullish Three Inside Up candlestick pattern above support at 10454, the 14.6% Fibonacci retracement. Rising channel support-turned-resistance is at 10565, with a push back above that targeting the March 11 high at 10576. Alternatively, a reversal below support exposes the 23.6% Fib at 10379.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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