US Dollar Classic Technical Report 09.20.2012
Prices turned lower from support-turned-resistance at 9823, the April 27 closing low, with sellers now aiming to challenge the bottom of a falling channel set from the early-June swing high (9752). A break below that targets the February 7 close at 9681. Alternatively, a break above resistance exposes 9893.
Dow Jones FXCM US Dollar Index – Daily Chart – Created Using FXCM Marketscope 2.0