US Dollar Technical Strategy: Holding Long via Mirror Trader Basket **
Support: 10538 (trend line from Sep'12), 10520 (Feb 17 low)
Resistance: 10576 (23.6% Fib ret.), 10610 (38.2% Fib ret.)
The Dow Jones FXCM US Dollar Index began to cautiously drift higher after putting a Hammer candlestick above support at a rising trend line set from September 2012. Initial resistance lines up at 10576, the 23.6% Fibonacci retracement, with a break above that on a daily closing basis exposing the 38.2% level at 10610. Trend lien support is now at 10538, followed by the February 17 low at 10520.