Forex: US Dollar Technical Analysis – Trend Favors Upside Bias …

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Talking Points

Prices rose as expected after putting in a bullish Piercing Line candle patternBreaking below 10657 (range top) eyes the 10612-18 area (channel, range bottoms)A turn back above 10685 (38.2% Fib exp.) targets 10723 (50% Fib exp.)Can’t access to the Dow Jones FXCM US Dollar Index? Try the USD basket onMirror Trader **

Daily Chart – Created Using FXCM Marketscope 2.0

** The Dow Jones FXCM US Dollar Index and the Mirror Trader USD basket are not the same product.

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Forex: US Dollar Technical Analysis – Trend Favors Upside Bias …

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