US Dollar Index |
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The US Dollar Index was one of the principal beneficiaries of the lacklustre reaction to the NFP data yesterday ending the day on a wide spread up bar which closed above both the 9 and 14 day moving averages once again. Sadly the reaction was insufficient to take the Index back above the psychologically important resistance in place just below 81 so it is far too early to suggest that this can be considered a reversal in the fortunes of the US Dollar in the medium term, and in the
Filed under: Technical
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