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USD Index; New Trend change?


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Nov 01 2013

US index made a strong reversal from the low in this week and now testing an important resistance line of a trading channel connected from July high. A break of that trendline and close on daily or even better on weekly basis above 80.82 swing will be an important evidence for a trend change on USD Index. In such case traders should be aware of weaker EURUSD.


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