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June 26, 2012

US dollar edges lower as the S&P 500 finds interim support

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The US Dollar retreated from resistance as the S&P 500 staged a mild recovery but overall positioning hints these moves were corrective in the context of larger trends. S&P 500 – Prices bounced from support above 1305.90, the 38.2% Fibonacci expansion, to retest support-turned-resistance at a f... FF News: Technical

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