USD Index Trends & USD Technical Outlook

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The US Dollar Index began the week higher again and broke above its 100 barrier, leading to another push higher all the way to 100.60’s earlier this morning. Such more would ease the chances for our head and shoulder pattern to continue. However, the bearish outlook remains unchanged for the time being as long as the index continues to trade below 102.50’s. Despite the recent rally since the beg...

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