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Home » US Dollar Classic Technical Report 08.03.2012

US DOLLAR INDEX: Prices are testing resistance at 10077, with a confirmed break higher exposing the next barrier 10139 marked by a horizontal barrier and the top of a falling channel set from the July 12 high. Near-term support is at 10041, reinforced by a rising trend line set from late October 2011, now at 10011.

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

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