US Dollar Technical Analysis– Prices edged above resistance at 10547, the 23.6% Fibonacci expansion to challenge the March 11 high at 10576. A break above that aims for the 38.2% level at 10643. The 10547 mark has been recast as near-term support, with a move back beneath that eyeing trend line support is at 10443.
Daily Chart – Created Using FXCM Marketscope 2.0
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— Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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