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US Dollar Index (USDX) – A Sideways Market Waiting For Breakout

Money Mind - Forex

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Old 29-03-2012, 12:53 PM
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Default US Dollar Index (USDX) – A Sideways Market Waiting For Breakout

The market has not been decisive with the direction of the USD so far in 2012, although there is some bearish bias. In the short-term we can say by looking at the 4H chart, that the USDX is trading down in a bearish channel after anchoring out of a bullish

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