US Dollar Technical Analysis– A break above resistance at 10876, the late-May swing top, has exposed the 123.6% Fibonacci extension at 10973 as the next upside objective. The 10876 mark has been recast as near-term support, with a reversal back beneath that eyeing the 76.4% levelat 10781.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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