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November 26, 2011

Dollar Index Approaching Key 80.00 Level

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The dollar index is close to a test of the 4/10/11 swing point at 79.83 with the current weekly high printed on Friday at 79.69. There has been a major shift to the dollar in recent times due to the euro-zone debt crisis and this has brought the USDX back close to this key 80.00

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