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Home » US Dollar Classic Technical Report 07.09.2012

US DOLLAR INDEX: Prices took out falling trend line resistance set from late May, exposing the 38.2% Fibonacci expansion at 10219 as the next upside objective. The trend line has been recast as near-term support, and now stands at 10141.

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

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