US Dollar Technical Analysis 06.04.2013

US Dollar Technical Analysis Prices moved lower as expected, taking out the 38.2% Fibonacci retracement level at 10694 and exposing the 50% Fib at 10638. A further push beneath that eyes the 61.8% level at 10582. The 10694 mark has been recast as near-term resistance.

Forex_US_Dollar_Technical_Analysis_06.04.2013_body_Picture_5.png, US Dollar Technical Analysis 06.04.2013
Forex_US_Dollar_Technical_Analysis_06.04.2013_body_Picture_5.png, US Dollar Technical Analysis 06.04.2013

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

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