MacroThinking

Dollar strengh should eventually continue

AMEX:UUP   POWERSHARES DB USD INDEX BULLISH
10 0 1
The longer-term view of the US Dollar             ( UUP             in this case) is positive due to global economics. The chart shows the recent pause at the current price as natural near-term resistance, and also shows pre-crisis strength before the financial world was upended. The next phase for the Dollar (above resistance) should reflect the relative value of America in the modern, post-crisis, healing global economy, and which is positive for risk taking.
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