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July 19, 2012

US dollar losses continue to mount as S&P 500 tests July highs

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The US Dollar remains under pressure as the S&P 500 tests July's swing high, with a break higher opening the door for a challenge of the 1400 figure. S&P 500 – Prices are testing resistance at 1380.60, the July 5 high. A break higher exposes 1392.10, a barrier reinforced by a Rising Wedge top n... FF News: Technical

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