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US Dollar Index Analysis 10/09/14 - Weekly Chart

FX:USDOLLAR   Dow Jones FXCM Dollar Index
55 0 1
As mentioned in the monthly analysis, this index has a long term uptrend but currently in a range. The monthly analysis linked to this has the same idea. It is worth mentioning here in the Weekly chart that the Open of the current bar almost made a gap with the previous bar. This indicates that the market really wants to go up, but is now stuck at the resistance level . We need to wait for what will happen on the next bars.

Trade well.
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