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April 9, 2012

USD edges past near-term support but overall bias favors gains

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The US Dollar edged past near-term technical support, hinting a deeper pullback back is ahead, but overall positioning continues to call for a bullish bias. S&P 500 – Unchanged from yesterday: "Prices took out support at 1392.10, the neckline of a Head and Shoulders (H&S) top chart formation. S... FF News: Technical

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