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sunny
Jul 7, 2013 7:43 PM

resistance ahead for Dollar Index Short

US DOLLAR CURRENCY INDEXINDEX

Description

First line of resistance has been approached with lots of momentum. Surely, it will be taken out soon.
85.95 may be a bit more difficult. We may see some retracement starting now or consolidation before another leg higher.
Taper/dollar bulls are back on heavy, not a sign they will let up.
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