19 July 2012 12:42 GMT 
Prices took out support at the bottom of what appears to be a
Flag formation set from the June 20 low, hinting at downward continuation from
here. Sellers are now testing through interim support at 10070, with a break of
that exposing the 10010-32 area marked by the early April top and the 61.8%
retracement. If fully realized, the Flag setup implies a measured target at
9935. The formation’s lower boundary, now at 10089, has been recast as near-term
resistance.
Dow Jones FXCM US Dollar Index - Daily Chart - Created Using FXCM Marketscope
2.0
Prices took out support at the bottom of what appears to be a
Flag formation set from the June 20 low, hinting at downward continuation from
here. Sellers are now testing through interim support at 10070, with a break of
that exposing the 10010-32 area marked by the early April top and the 61.8%
retracement. If fully realized, the Flag setup implies a measured target at
9935. The formation’s lower boundary, now at 10089, has been recast as near-term
resistance.
Dow Jones FXCM US Dollar Index - Daily Chart - Created Using FXCM Marketscope
2.0 
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