US Dollar Index

Saturday, November 27, 2010


The US Dollar Index is testing secondary resistance at 80 (from the August low). Penetration of the rising trendline indicates that the down-trend is losing momentum. Twiggs Momentum (21-day) holding above the zero line would confirm. The primary trend remains down, however, and only a decline that respects support at 75.50 would signal a trend change.

by collin twiggs


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