US Dollar Classic Technical Report 07.12.2012
US DOLLAR INDEX: Prices are approaching 38.2% Fibonacci expansion resistance at 10219, with a break above this boundary exposing the 50% barrier at 10279. Near-term support lines up at 10145 at the 23.6% expansion and is reinforced by a falling trend line set from early June, now at 10138.
— Written by Ilya Spivak, Currency Strategist for Dailyfx.com
