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since Sep 19, 2012
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Currently US dollar index creates some sort of pennant and while price stays above 80. 45 on the daily close base, continuation of the trend should resume sooner or later.
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Current slide down can be interpreted as correction of the previous positive move from 0.8900. Inside the channel smaller trend line is broken and first target should be upper channels line. But I do expect market to break that line and in that case next target would be 0.9377.
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