Dollar back in its 80 –> 82 box.. Sideways to down $DX, $UUP

September 6, 2010
By

The dollar was unable last two weeks to break that 83.50 necessary to give the reverse head and shoulders that formed any confirmation.  I would expect over the next two week to watch sideways to down as we retest the $80 area.  That will be bullish for the market.  Having a stable dollar will be bullish for the world in fact.

 

 

 

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