US Dollar Technical Analysis– Prices slipped back below the 23.6% Fibonacci expansion at 10820, exposing the 14.6% level at 10772. A further push below that eyes the July 29 low at 10693. Alternatively, a move back above 10820 targets the 38.2% expansion at 10899.
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Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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