US Dollar Technical Strategy: Holding Long via Mirror Trader Basket **
Support: 10661 (23.6% Fib ret., channel bottom), 10602 (38.2% Fib ret.)
Resistance: 10718 (horizontal pivot), 10756 (Jan 21 high)
The Dow Jones FXCM US Dollar Index continues to hover above support at the bottom of a rising channel that has guided the trend higher since late November 2013. This barrier is bolstered by the 23.6% Fibonacci retracement (10661).