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FX Technical Weekly
Friday, 21 August 2009 22:34:26 GMT  |  Jamie Saettele, Senior Currency Strategist
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The US dollar is under severe pressure.  What began as a reversal week ended with the greenback near its 2009 lows against most major counterparts.  In fact, the EURUSD and NZDUSD made 2009 weekly closing highs (and the USDCHF a 2009 weekly closing low).  How far might the dollar decline against its rivals in the event of a breakdown?  That is the focus of this week's FX Technical Weekly.

EURO / US DOLLAR

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BRITISH POUND / US DOLLAR

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AUSTRALIAN DOLLAR / US DOLLAR

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NEW ZEALAND DOLLAR / US DOLLAR

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US DOLLAR / JAPANESE YEN

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US DOLLAR / CANADIAN DOLLAR

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US DOLLAR / SWISS FRANC

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EURO / JAPANESE YEN

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BRITISH POUND / JAPANESE YEN

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EURO / BRITISH POUND

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TRADE LIST *Entry prices for trades that are recommended ‘at market’ are listed as the price at the time of publication

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