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June 6, 2012

US Dollar Probes Below Support as S&P 500 Builds Toward Rebound

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The US Dollar is probing below initial support while the S&P 500 appears to have found a near-term bottom, with the chart setup hinting a bounce is ahead. S&P 500 – Prices are testing resistance in the 1288.00-1292.90 areamarked by the October 27 high and the 38.2% Fibonacci expansion. Positive... FF News: Technical

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