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
by collin twiggs
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