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May 20, 2012

US dollar chart setup warns of pullback before rally resumes

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US Dollar technical positioning warns that the greenback may correct lower before resuming the sharp advance beginning in late April. S&P 500 – Prices are finding intraday support above 61.8% Fibonacci retracement support at 1286.60, with a bounce from here seeing initial resistance at 1313.00 ... FF News: Technical

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