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vdubus
May 12, 2015 12:58 PM

USDOLLAR PUTS IN A NEW LOWER LOW  

Dow Jones FXCM Dollar IndexFXCM

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Nothing confirmed but the USD is showing more weakness to the down side. I doubt price will break support if it does just yet. Waiting for a lower low / lower close. A pop to the upside can't be ruled either out of it's current channel formation either as it becomes wedged. I think tomorrow we'll have an answer either way.
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