USDOLLAR Turns up from Post-NFP Pullback
Chart Prepared by Jamie Saettele, CMT
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-The last update remarked that “the USDOLLAR index is at fresh trend highs and its best level since April 2003. Uptrend resistance could influence near 12300 but range expansion targets are 12490 and 12690.” 12100 (12104 is the September high and the breakout day low) remains key to maintaining a ‘breakout’ bias. Weakness below there could result in a swift reversal of fortune for the USDOLLAR.
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