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ForceFollower
Jan 13, 2014 9:07 AM

USD in the Breakout Pattern 

US DOLLAR CURRENCY INDEXINDEX

Description

The U.S. dollar, if it cares about what I think :-), should be bullish again, but first I expect it to bounce off of the red down sloping trend line.
Comments
butterliesel
do you think now it will reverse again to the downside?
ForceFollower
Well, it made to my technical targets and it might like to roll over now and go down. But I don't think it will do that due to the style of the recent rally. I give it more room to the upside, expecting the price first at 81.01 and then, if it shows strength, at the tops (81.19).
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