USDOLLAR Holding Critical Support
Chart Prepared by Jamie Saettele, CMT
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-Previous comments remain valid. “The sideways trade of the last 6 months should be viewed in a bullish context (although at resistance today (10/1)). BUT, if this long term median line fails to hold, then downside resolution of the 6 month range could lead to USD weakness the extent we haven’t seen in years.”
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