US DOLLAR TECHNICAL ANALYSIS – Prices continue to recover after finding support at the March swing low, rising for a fourth consecutive day. Near-term resistance is at 12066, the 14.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 12149-77 zone (23.6% level, March 13 high). Alternatively, a move belowthe 11858-86 area (23.6% Fib retracement, March 18 low)clears the way for a test of the 38.2% threshold at 11679.
S&P 500 TECHNICAL ANALYSIS – Prices moved lower…
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