USDOLLAR; Lots to Clear Up as New Year Begins
Chart Prepared by Jamie Saettele, CMT
-The USDOLLAR is a mess right now. The November breakout proved false. Weakness in early December was in line with seasonal tendencies but former triangle resistance provided support. In short, conflicting signals abound (uptrend weakening but still an uptrend) but focus is higher while above the December low.
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