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January 29, 2012

Dollar Index (USDX) Technical Update 29/1/2012 – Engulfing Candle Triggers Lower

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The dollar index bearish engulfing candle we highlighted last week has triggered strongly to the downside. This weekly timeframe candle came after the previous week printed a doji – an earlier hint that the strong USDX upside move was running out of steam. ... FF News: Technical

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