S&P 500 Overturns Bullish Chart Setup but US Dollar Continues to Stall 06.26
US DOLLAR: Prices are testing resistance at 10172, the 14.6% Fibonacci expansion. A turn lower sees initial support at 10081, the October 3 2011 closing high. Alternatively, a break higher exposes the 23.6% expansion at 10261.
— Written by Ilya Spivak, Currency Strategist for Dailyfx.com