July 29th, 2010
Published Daily

DXY – NYBOT Dollar Index (Last: 77.58)

by Rick Ackerman on August 6, 2009 12:01 am GMT

The Dollar Index seems reluctant to fall the last few inches to a 76.58 target given here earlier. If, instead, DXY were to surge above 78.49 first, that would be the likely start of a major bear rally. More immediately, it would take a pop above 77.71 today to put bulls back in charge of the minor trend.

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