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US Dollar Technical Analysis 04.01.2013

Ilya Spivak

US Dollar Technical Analysis Prices are testing falling trend line resistance at 10473, with a break higher exposing the 23.6% Fibonacci expansion at 10518. Near-term support is at 10420, the 23.6% retracement level. A drop beneath that aims for the 38.2% mark at 10324.

Forex_US_Dollar_Technical_Analysis_04.01.2013_body_Picture_5.png, US Dollar Technical Analysis 04.01.2013

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

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